Nigerian fintech company Flutterwave is planning a $50 million (Ksh7.3 billion) investment in Kenya as it pushes for a payments and remittances licence in the country.

Flutterwave Chief Executive and Co-founder Olugbenga Agboola said in an interview in Nairobi that the firm has received first-name approval from the Central Bank of Kenya (CBK) and stands ready for phased investments once it receives a license.

For more information, please see https://www.theeastafrican.co.ke/tea/business/flutterwave-eyes-50m-new-investment-in-kenya-4367280