Skip to content

v12

Hey there, looks like you made the wrong turn.

Author Archives: David

What You Need to Know About the Nigeria Startup Act

Nigeria Startup Bill

About half of African unicorns–startups worth more than $1 billion are from Nigeria. That is not surprising and explains why people cannot stop talking about the startup space in Nigeria. Beyond the attention, startups have significant impacts on the economy, …

Posted byDavidMarch 8, 2023Posted inGrow With Flutterwave

Policy Updates: Merchant Onboarding on Fundraising and Digital Money Lending/Consumer Finance Merchants 

Flutterwave Policy on Political Donations

As a growing company, we’re always looking for ways to improve our processes, solutions and ecosystem. We’ve made some changes to how we approach onboarding and verification for businesses that use Flutterwave for lending and fundraising in certain countries. These …

Posted byDavidAugust 30, 2022Posted inGrow With Flutterwave

Deep Dive: CBN’s Guidelines for Licensing and Regulation of Payments Service Holding Companies in Nigeria

CBN Regulations on Payments Service Holding Company


Following the new license categorizations of participants in the Nigerian payments ecosystem, the Central Bank of Nigeria (CBN) requires that any company that intends to operate in more than one license category is to set up a Payments Service Holding …

Posted byDavidNovember 26, 2021November 26, 2021Posted inGrow With Flutterwave

Highlights and Implications of the Tanzania Finance Act 2021

CBN Regulations on Payments Service Holding Company

On the 12th of June 2021, the Parliament of the United Republic of Tanzania passed the Finance Bill 2021 which was assented to by the President of Tanzania on the 30th of June 2021. Following the assent, The …

Posted byDavidOctober 14, 2021October 14, 2021Posted inGrow With Flutterwave

Explainer: Central Bank of Nigeria Issues Regulatory Framework on Mobile Money Services

CBN Regulations on Payments Service Holding Company

On the 11th of July 2021, the Central Bank of Nigeria (CBN) issued a Regulatory Framework on Mobile Money Services in Nigeria. Mobile Money Services (MMS) involve the use of mobile phones for the initiation, authorization, and confirmation of …

Posted byDavidSeptember 27, 2021September 27, 2021Posted inGrow With Flutterwave

Explaining SEC’s Proposed Regulatory Incubation Program

CBN Regulations on Payments Service Holding Company


On the 16th of June 2021, the Securities and Exchange Commission (SEC) announced the initiation of its Regulatory Incubation Program (“the RI Program”) which started operations in Q3 of 2021.


The aim of the RI Program is to enable …

Posted byDavidSeptember 6, 2021September 6, 2021Posted inGrow With Flutterwave

All you Need to Know as the EU Approves the Flow of Data to the UK

CBN Regulations on Payments Service Holding Company

Starting 28th June 2021, data can now freely flow between the European Union (EU) and the United Kingdom (UK). This is thanks to the adoption of two “adequacy decisions” which facilitate the seamless transmission of data between countries in the …

Posted byDavidAugust 18, 2021August 18, 2021Posted inGrow With Flutterwave

New License Categorization Requirements for Payments Systems in Nigeria

CBN Regulations on Payments Service Holding Company

Wherever you find money and technology mix, what you get is a lot of innovation and dynamism. As Financial Technology (FINTECH) keeps being popular the world over,  and evolving, so do regulations and regulators. 

Remember, regulators are here to protect …

Posted byDavidJune 24, 2021June 24, 2021Posted inGrow With Flutterwave

7 Important Changes in the Finance Act 2020 (Updated Version)

CBN Regulations on Payments Service Holding Company

The Finance Act 2020 (the “Finance Act”), is split into 7 parts. This is a review of the changes in the under-listed tax legislations;

  1. Capital Gains Tax Act
  2. Companies Income Tax Act
  3. Customs and Excise Tariffs etc (Consolidation Act)
  4. Personal
…
Posted byDavidJanuary 18, 2021January 19, 2021Posted inGrow With Flutterwave

Key Revisions by the CBN to the Updated Guidelines for the Operation of E-Payment Channels in Nigeria

Key Revisions by the CBN to the Updated Guidelines for the Operation of E-Payment Channels in Nigeria

The Central Bank of Nigeria (CBN) on the 1st of June 2020, issued a circular informing the general public of updated Guidelines for the Operation of E-payment Channels in Nigeria (Revised Guidelines).

The CBN updated the Guidelines in order …

Posted byDavidJune 9, 2020June 9, 2020Posted inInside Flutterwave
v12, Proudly powered by WordPress.