Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions ...Middle East

Bloomberg News Today - News
Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions
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

Hence then, the article about reserve bank of malawi grants flutterwave license to process international transactions was published today ( ) and is available on Bloomberg News Today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions )

Apple Storegoogle play

Last updated :

Also on site :