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.
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