Flutterwave, Chipper Cash not licensed to operate in Kenya -- Central Bank

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Flutterwave, Chipper Cash not licensed to operate in Kenya — Central Bank

Flutterwave and Chipper Cash are not licensed to deliver cross-border payment services in Kenya, the country’s central bank Governor Patrick Njoroge has said.journalists on July 28, after the Monetary Policy Committee meeting held on Wednesday July 27.on July 7 to freeze bank accounts linked to transactions by Flutterwave for 90 days. The court gave the order on suspicion of Africa’s biggest fintech firm being involved in money laundering.

“They are not licensed to operate and therefore they shouldn’t be operating, and Chipper Cash we could also say the same” he said, responding to questions from journalists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LAW

Law Law Latest News, Law Law Headlines