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 …
Author Archives: Nonso Ozoemena
FAQs: How Flutterwave Enables Access to the eNaira
The Central Bank of Nigeria has recently launched the eNaira, a digital representation of the physical Naira. We have compiled some frequently asked questions and answers on ways Flutterwave helps people access and transact with the eNaira.
What is e-Naira
…Highlights and Implications of the Tanzania Finance Act 2021
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 …
Explainer: Central Bank of Nigeria Issues Regulatory Framework on Mobile Money Services
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 …
Explaining SEC’s Proposed Regulatory Incubation Program
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 …
Scan To Pay Was Then, Scan To Earn Is Now
In recent times we have seen major innovation in the payment industry across all markets with the aim of simplifying payments. In March 2021, Nigeria Inter-Bank Settlement System Plc (NIBSS) launched the NQR payment solution which enables Nigerian customers to …
Inspiring Young Africans Through Technology
At Flutterwave, we are always looking for ways to take part in innovative initiatives that improve lives and communities. We have recently joined Loyola Jesuit College’s (LJC) STEAM Project, as a way to support the growth of young people in …
All you Need to Know as the EU Approves the Flow of Data to the UK
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 …
Peering up Businesses for more Seamless Transfers; Introducing Thepeer
The pun was too good, we couldn’t ignore it. Afterall, ‘peering’ means the exchange of data directly between internet service providers without using the internet. We can domesticate this telecom term to mean the exchange of value (and data, if …
Jimmy Ku; Flutterwave’s New Head of US Growth and his Drive to Create Value Everywhere
Ever met one of those kids that could source the scarcest collectibles in high school? They’d sell baseball cards, comic books and cards— whatever people were looking for. That was Jimmy! He was everyone’s ‘guy’ for rare merchandise while growing …