Pan-African fintech firm Flutterwave has been granted an Enhanced Category Payment Service Provider license by the Bank of Ghana, it announced on August 1. This license enables Flutterwave to offer a wide range of payment services directly in Ghana, eliminating the need for third-party services and simplifying payment processes for businesses and consumers.

The firm aims to unify the fragmented payment infrastructure in Africa and support local fintech companies, contributing to a more integrated financial ecosystem.