Flutterwave secures money transfer licences in 13 U.S. states; services 29 states with Send App remittance for customers, enterprises
![Flutterwave Send App](https://i1.wp.com/gazettengr.com/wp-content/uploads/Flutterwave-Send-App.png)
Flutterwave can now enable transfer of money to and from 29 U.S. states and to African countries and beyond.
Flutterwave, Africa’s leading payments technology company has announced its acquisition of money transfer licenses for 13 U.S. states to enable faster, more affordable, and secure transfer of money from the United States to Africa and back.
The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota. The 13 new licenses in addition to its partnership with another licensed financial institution enable Flutterwave to serve customers in 29 states in the U.S.
Money transfer licenses are issued by state regulators to allow financial technology companies to engage in the transmission of money.
These licenses enable Flutterwave’s solutions like Send App, which facilitates money transfer between the U.S. and Africa, and enterprises that use Flutterwave for last-mile payout globally.
“Getting these licenses expands our regulatory footprint, demonstrates our ability to deliver services with safety and soundness, and fosters trust of regulators, partners and customers,” said Stephen Cheng, Executive Vice President, Global Expansion and Partnerships at Flutterwave. “We’re growing and are committed to servicing customer needs in as many geographies as possible with a significant African diaspora.”
“These licenses reflect our commitment to working with regulators across various markets, following their requirements and ensuring the safety of customer funds. We will continue to create an environment of safety and trust,” added Cheng.
Sending money between the U.S. and Africa is challenging for the African diaspora. These licenses enable Flutterwave to make Send App, the super user-friendly money remittance app,available to the African diaspora in the U.S. This will help them send money where their heart is.
“Our mission is to connect Africa to the world and the world to Africa by simplifying payments for endless possibilities,” said Olugbenga Agboola, Founder and CEO at Flutterwave. “These licenses move us one step closer to our vision and we will continue to expand this feat to ensure coverage for all States in the U.S. and beyond.”
Flutterwave is committed to providing accessible remittance services across the U.S. and will continue its expansion of licensing coverage.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
![Katsina State](https://i1.wp.com/gazettengr.com/wp-content/uploads/1863B29B-AC06-49E0-ADFA-655BBEC3389A.jpeg)
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
![Nigerian Senate](https://i1.wp.com/gazettengr.com/wp-content/uploads/Senate-.jpg)
NationWide
Inmates starving, emaciated due to low budget for correctional service: Senate
Mr Oshiomole said he was unhappy with the services being rendered to inmates by the NCoS.
![Vice-President Kashim Shettima at Presidential Enabling Business Environment Council (PEBEC).](https://i1.wp.com/gazettengr.com/wp-content/uploads/7B8FA2D7-45E9-4F5E-9411-04C1708967BC.jpeg)
States
Culprits of bombings that killed over 100 civilians in Kaduna won’t be spared: Shettima
Mr Shettima also explained that the federal government will take care of victims and rebuild the community.
![Adebayo Adelabu](https://i1.wp.com/gazettengr.com/wp-content/uploads/IMG_1694.jpg)
Politics
Power Minister Adelabu dumps Accord Party, returns to APC
Mr Adelabu pledged to work with the state executive and party leaders in achieving President Bola Tinubu’s Renewed Hope Agenda.
![APC flag](https://i1.wp.com/gazettengr.com/wp-content/uploads/APC-flag.png)
Politics
SDP, PDP stirring up post-election violence in Kogi: APC
Mr said the state had also been bedevilled with orchestrated violence that now threatens its peace and security.
![cattles](https://i1.wp.com/gazettengr.com/wp-content/uploads/cattles.png)
States
Zulum distributes 5,000 livestock to farmers displaced by Boko Haram in Borno
The governor said the animals were distributed to the farmers, hitherto displaced by the Boko Haram insurgency.
![(Credit: Sunshine Stars)](https://i1.wp.com/gazettengr.com/wp-content/uploads/Untitled-1-54.png)
Sport
Sunshine Stars squad members ‘seriously’ wounded as gunmen open fire on team’s bus
The club said the “seriously injured” people were taken to a nearby hospital with the help of the Nigerian Federal Road Safety Corps (FRSC) officers.