Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed

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Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed

A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all financial institutions to cease doing business with the two fintechs. The CBK’s bank supervision deputy director, Matu Mugo, directed all regulated banks, microfinance […]

Kenya directs all banks to stop dealing with Chipper Cash, Flutterwave, saying they are unlicensed

2022-07-30 08:03

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