Flutterwave gets approval to operate in Malawi

The company says that the move will increase security and improve the fintech's ability to detect and combat fraudulent conduct in real time.

The African diaspora are going to benefit from Send App services provided by fintech payment system Flutterwave, which links the United States and Africa.

Mitesh Popat most recently held senior positions at Citi, including being CFO of the Middle East and Africa, where he managed financial operations in 29 countries.

The Bank of Uganda gave the unicorn firm a Payments System Operator license, expanding its reach to 29 African countries.

The move allows American Express Card Members to make direct payments to e-commerce businesses in Nigeria using Flutterwave.

Flutterwave's license allows it to provide various payment options suited to the unique demands of Ghanaian businesses.

Olugbenga Agboola has said that joining the group fulfils the fintech's desire to connect Africa to the global economy.

AI tools can analyse data from client discussions, producing legal documents in simple language and at a fraction of the cost of what it would typically take to draft a contract

Flutterwave, Africa’s leading payments technology company, has been ranked No. 1 in Fast Company’s Most Innovative Company for Europe, Middle East, and Africa 2024, joining others like Nvidia, Open AI, or YouTube on the list.

Adenowo is a leader in architecture with a successful career spanning over 35 years, said the company.

Minister of finance said this is being done to comply with the current withholding tax rate for banks and insurance brokers, which is 1%.