Flutterwave: Secures Nigerian switching and processing licence
- Flutterwave on a mission to build payments infrastructure to connect Africa to the global economy
- Granted a Switching and Processing License by the CBN widely regarded as CBN’s most valuable payments processing license
- This license allows to offer transaction switching and card processing services to customers
- Others include non-bank acquiring, agency banking and payment gateway services
- The Switching and Processing license allows to enable transactions between banks, fintechs and other financial institutions
- The Company is also able to process card transactions, participate in agency banking and offer various payment services
