Flutterwave Expands Remittance Services with IMTO License from Malawi's Reserve Bank π²πΌ ποΈ
#fintech
#payments
#legal
Flutterwave, Africa's leading fintech, secures an International Money Transfer Operator (IMTO) license from the Reserve Bank of Malawi, enhancing its global remittance capabilities through the Send App. The move aligns with Flutterwave's strategic focus on revolutionizing cross-border transactions across the continent, offering efficient financial services to the diaspora. The IMTO license further strengthens Flutterwave's position in the competitive remittance sector as it continues to address challenges and reduce costs associated with sending money to Africa.
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