Apr. 2 at 2:06 PM
🏦🚀 Flutterwave secures a Nigerian banking license, allowing it to hold funds, manage deposits, and cut out bank intermediaries.
CEO Olugbenga Agboola: "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."
What changes:
✅ Direct fund holding + deposits
✅ Merchant accounts, payroll, payouts
✅ Working capital + merchant lending
✅ Stablecoin-enabled settlement in the pipeline
$40B+ processed. 1B+ transactions. Now operating inside Nigeria's regulated financial system.
Full article: https://liquidityfinder.com/news/flutterwave-secures-nigerian-banking-license-enhancing-financial-infrastructure-and-direct-fund-management-102dd
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