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Flutterwave as a result of these licenses becomes one of the few payment service providers in Egypt with both local and global settlements capabilities. The licenses will also enable Flutterwave to act as an official payment service provider in the country, collect payments on behalf of its customers and settle payments locally and globally.
“We are proud to have been granted the Payment Services Provider and Payment Facilitator licenses in Egypt, which form part of our international expansion strategy. This is a testament to our commitment to providing first-class payment services, seamlessly connecting businesses to their customers. Our vision is to connect all parts of Africa through payments and connect Africa to the world. This way, it is easier for multinationals expanding into Africa to do so. This achievement is yet another step in that direction. ”
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