Flutterwave Receives Payment Aggregator License Approval in Principle in Mozambique

Flutterwave, Africa’s Fintech unicorn, has announced that it has received an approval-in-principle for its payment aggregator license from the Central Bank of Mozambique.

This license enables Flutterwave to offer its comprehensive payment services within Mozambique and strengthen its operations in southern African markets.

The expansion into Mozambique aligns with Flutterwave’s strategic vision of deploying its infrastructural reach, multiple licenses, and network of global partnerships to make doing business in and expanding across Africa seamless for global enterprises from all over the world. 

With the payment aggregator license, Flutterwave can offer a comprehensive suite of payment solutions, including processing payments for e-commerce, remittances, and other financial services. This will not only enhance the convenience of digital payments in Mozambique but also support the growth of the digital economy.

Expressing gratitude Olugbenga “GB’ Agboola, Founder and CEO of Flutterwave said,

“We are grateful to the Central Bank of Mozambique for this approval. It comes at the right moment when Mozambique’s digital payment ecosystem is experiencing tremendous growth. As individuals’ and businesses’ payment needs evolve across the country, we are ready to leverage our technology, extensive industry experience, and comprehensive solution to meet their diverse payment needs. Our goal is to empower local businesses and open doors for global enterprises across all industries by providing them with a secure and convenient payment solution that drives inclusive growth.”