Flutterwave has announced that it has obtained Payment Services Provider and Payments Facilitator licenses in Egypt.
The company which claims its vision is to connect all major parts of Africa through payments and further connect Africa to the world, says the new license will enable it provide first-class payment services and seamlessly connect businesses to their customers in the North African country.
Flutterwave, led by founder and CEO Olugbenga “GB” Agboola, uses a single API to simplify cross-border financial transactions between small and large firms in Africa. The firm also assists companies from outside Africa in expanding their operations on the continent. Booking.com, Flywire, and Uber are some of its foreign clientele.
Flutterwave Egypt
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard