SAN FRANCISCO, and LILONGWE, Malawi, Nov. 9, 2023 /PRNewswire/ — Flutterwave, Africa’s leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi. The International Money Transfer Operator (IMTO) license was granted on Thursday, October 19, and will enable the payments company to process remittances from Malawians and other Africans sending money back home. According to World Bank reports, global remittances are expected to grow 1.4% to $656 billion in 2023, and with millions of Malawians and Africans living and working abroad, the issuance of the IMTO license positions Flutterwave to effectively po
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