Flutterwave And Chipper Cash Not Licensed To Operate In Kenya Says Central Bank Of Kenya
While responding to questions during Wednesday’s Monetary Policy Committee (MPC) meeting, CBK governor Patrick Njoroge said the two firms are not allowed to operate remittance businesses or offer payment services to merchants in the country. “Flutter wave is not licensed to operate remittance provider or for that matter as a Payment Service Provider in Kenya. They are not licenced to operate and therefore they shouldn’t be operating. And Chipper we could also say the same,” said Dr Njoroge....