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Flutterwave Says It’s Awaiting Kenya License After Bank Snub

Flutterwave Inc. is waiting for a response from Kenya’s central bank for a Payment Service Provider license it applied for in 2019, after operating in East Africa’s biggest economy through partnerships with lenders and mobile network firms.

“We have been in constant engagement with the Central Bank of Kenya to ensure that we provide all the requirements, and we look forward to receiving our license,” the company said in an emailed response to questions on Friday. “We are committed to operating within the stipulated laws, regulations, and industry standards in Kenya.”