Nigerian fintech company Flutterwave plans a $50 million (Sh7.3 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.