Flutterwave’s move to dispel concerns it may be operating illegally follows the central bank's decision to bar Kenyan financial institutions from having business dealings with fintech groups.
The Nigerian fintech giant Flutterwave has said it submitted an operating license application to the Central Bank of Kenya back in 2019. Flutterwave’s move to dispel concerns it may be operating illegally follows the CBK’s decision to bar Kenyan financial institutions from having business dealings with fintech groups.by Bitcoin.
“In 2019, as our operations grew, Flutterwave submitted its application for a payment service provider licence. We have been in constant engagement with the Central Bank of Kenya to ensure that we provide all the requirements and we look forward to receiving our licence,” claimed a statement reportedly issued by the fintech.Tags in this story
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