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In September 2024, Flutterwave received an ‘International Money Transfer Operators’ (IMTO) licence from the Reserve Bank of Malawi, bringing the firm’s offering into the country. Building on this, Flutterwave has now launched its flagship remittance product, Send App by Flutterwave, in Malawi, which enables residents and Malawian communities across the UK, US and Europe to send money with favorable exchange rates to their families and friends.
“We are ready to facilitate affordable, quick, secure and seamless international money transfers for Malawians home and abroad. We’re actively working on including Mobile Money and Cash Pickup into our delivery options. We will continue to strive to improve our bank coverage,” he added.
https://thefintechtimes.com/flutterwave-expands-remittances-offering-in-malawi-with-send-app-launch/
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