Flutterwave, one of Africa’s leading payment technology companies has been granted a Switching and Processing Licence by the Central Bank of Nigeria (CBN).
The licence allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services.
According to a statement, the Switching and Processing licence allows Flutterwave to enable transactions between banks, fintechs and other financial institutions.
