This license enables the company to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises.
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Flutterwave secures Nigerian banking license to accelerate payment efficiency
"This milestone allows us to make our infrastructure more efficient and deliver faster, more reliable financial services," said Olugbenga Agboola, Founder and CEO of Flutterwave. "By operating directly within the financial system, we can streamline money movement, accelerate settlement for merchants, and build products that support sustainable long-term growth."
