The Central Bank of Kenya (CBK) has said payments fintech Flutterwave and Chipper Cash are not licensed to operate in Kenya. “Flutter wave is not licensed to operate remittance provider or for that matter as a Payment Service Provider in Kenya. They are not licenced to operate and therefore they shouldn’t be operating. And Chipper, we could also say the same,” said Dr Patrick Njoroge during Wednesday’s post-Monetary Policy Committee (MPC) meeting. https://twitter.com/khusoko/status/1552582130592784385?s=20&t=NGytPDt1S6NrxxFPZytFXg https://twitter.com/Jayriq/status/1552584407902453765?s=20&t=QkTTFuvxy9gKDjaVo7HZFA Flutterwave is a Nigerian fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent. Chipper Cash is a financial…
Author: David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
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