CBN Releases Names of 10 Digital Banks Licensed to Operate as MFBs, Issue POS Services

Digital banking is becoming increasingly popular in Nigeria as operators harness the best technological tools to address the transaction challenges faced by Nigerians. In addition, digital payment platforms have been authorized by the Central Bank of Nigeria to provide microfinance banking and Point of Sale (PoS) services in the country, […]

Flutterwave Secures 2 Additional Licenses from National Bank of Rwanda Continuing East Africa Expansion

Leading Nigerian fintech, Flutterwave, has revealed it has acquired an Electronic Money Issuer license and Remittance licenses from the Government of Rwanda as it continues its expansion in East Africa. According to Flutterwave, the Electronic Money Issuer license now means it can acquire all types of payment instruments in Rwanda while […]