• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Flutterwave Secures Approval to Offer Inward Remittance Services in Ghana

Olusola Blessing by Olusola Blessing
March 15, 2025
in News, Tech
0
Flutterwave Secures Approval to Offer Inward Remittance Services in Ghana
Share

Flutterwave has received approval from the Bank of Ghana to provide inward remittance services, enabling seamless and secure money transfers into the country. This milestone strengthens the company’s position as a key player in Africa’s digital payments ecosystem, offering businesses and individuals more efficient financial solutions.

 

The approval builds on Flutterwave’s previous regulatory achievements in Ghana, including the Enhanced Payment Service Provider Licence obtained in August 2024. That licence allowed the company to provide direct merchant acquiring, electronic money issuance, and third-party payment services. With the latest authorization, Flutterwave can now offer end-to-end payment solutions in Ghana, reducing reliance on intermediaries and improving transaction efficiency.

 

Ghana’s digital payment landscape continues to expand, driven by a tech-savvy population and a mobile internet penetration rate of 71%. The market is projected to reach $7 billion in 2024, with an expected annual growth rate of 15.78%, pushing total transaction value to nearly $13 billion by 2028. Flutterwave’s entry comes at a time when businesses and consumers increasingly seek secure and convenient payment options.

 

The company’s expansion into Ghana aligns with its broader African growth strategy. In 2024, Flutterwave entered Mozambique, securing approval-in-principle for a payment aggregator licence from the Bank of Mozambique. Earlier this year, it also obtained a Payment System Licence from the Bank of Zambia, facilitating both local and international transactions. With operations now spanning over 35 countries, Flutterwave continues to strengthen its role as a leader in digital finance across Africa.

By expanding its payment infrastructure, Flutterwave aims to enhance financial inclusion, support cross-border trade, and provide innovative solutions tailored to the evolving needs of African businesses and consumers.

Post Views: 16
Share

Related Posts:

  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2024 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Trends shaping global payment processing in 2023
    Trends shaping global payment processing in 2023
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • Nigeria's Cash Crunch Sparks Increase in Digital Payments, Creating Opportunities for Merchant Acquirers
    Nigeria's Cash Crunch Sparks Increase in Digital…
  • Cellulant acquires PSP License in Ghana
    Cellulant acquires PSP License in Ghana
Tags: FlutterwaveInward Remittance Services
Previous Post

FG Approves Over N700 Billion for Nigerian Tertiary Institutions in 2025

Next Post

Lagos State Launches MyLagos App to Boost Digital Services and Business Connectivity

Next Post
Lagos State Launches MyLagos App to Boost Digital Services and Business Connectivity

Lagos State Launches MyLagos App to Boost Digital Services and Business Connectivity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • Nigeria Relaunches National Talent Export Programme to Tap into $1 Trillion Global Outsourcing Market
  • IFC and Mohinani Turn Nigeria’s Plastic Waste into Jobs and Industrial Growth
  • How LASG Social Register will Lift Lagosians from Poverty
  • SON Urges Accurate Calibration, Warns Manufacturers Against Unqualified Providers
  • AGCOMS Advocates Improved Agricultural in Mechanisation in Nigeria

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.