Flutterwave has secured 13 new money transmission licenses in the United States, expanding its services to 29 states through its Send App remittance solution for consumers and enterprises. This acquisition allows Flutterwave to facilitate faster, more affordable, and secure money transfers between the U.S. and Africa.
The newly acquired licenses cover states such as Arizona, Maryland, Michigan, Delaware, and others, in addition to existing partnerships. Flutterwave’s regulatory footprint now spans 29 U.S. states, enhancing its ability to serve customers globally.
The licenses support Flutterwave’s Send App and other solutions, promoting last-mile payouts for enterprises. The move aligns with Flutterwave’s mission to simplify payments and connect Africa to the world, with a commitment to expanding its remittance services across the U.S.
Source: Flutterwave Blog