The company received an International Money Transfer Operators license from the Southern African Central Bank.

Flutterwave's expansion continues, with the company now operating in Malawi after acquiring an International Money Transfer Operators license from the Southern African Central Bank.

This comes as Flutterwave continues to receive licences across the continent as it extends its presence in Africa.

The company recently received approval to operate in Ghana, Rwanda, and Uganda, to name a few.

In response to the Malawi move, Olugbenga Agboola, founder and CEO of Flutterwave, said in a statement: "With Send App's arrival and our knowledge of the crucial part that remittances play in supporting the personal needs of individuals in Malawi, we are better positioned to support Malawians who want to receive money from the diaspora."

Lumbani Gondwe, Malawi's country manager, explained: "With complete bank coverage and other integrations such as expanding our delivery options to include Mobile Money and Cash Pickup being actively worked, we are ready to facilitate affordable, quick, secure and seamless international money transfers for Malawians home and abroad."