Flutterwave’s Send App Returns to US Stronger Than Ever with Licence Boost
Leading African fintech firm Flutterwave is making significant strides in the United States, relaunching its Send App with a vastly expanded operational footprint. This move follows the acquisition of 20 additional Money Transmitter Licenses (MTLs), bringing Flutterwave’s total to an impressive 34. This substantial increase marks a pivotal moment for the company, allowing it to operate independently in numerous US states, streamlining its services and eliminating reliance on third-party intermediaries.
Expanding Reach and Empowering the African Diaspora
The relaunch of Send App directly benefits individuals residing in states including Alaska, Arizona, Arkansas, and many more spanning the US. This expanded access empowers the African diaspora in these regions to seamlessly send money back home to the continent, supporting family and contributing to economic growth in Africa. By securing these licences, Flutterwave demonstrates its commitment to providing reliable and efficient cross-border payment solutions, furthering its mission of connecting Africa to the global economy. The ability to operate independently translates to faster transaction times, lower fees, and a more user-friendly experience for Send App users.
Flutterwave’s strategic investment in securing these licences underscores its long-term vision for growth in the US market. This relaunch of Send App not only strengthens its presence but also positions Flutterwave as a key player in facilitating remittances to Africa, fostering greater financial inclusion and supporting the economic well-being of countless individuals and families. This is a testament to the growing influence of African fintech companies on the global stage.
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