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The Central Bank of Kenya (CBK) says Flutterwave is not registered to operate in the country, complicating matters further for the Nigerian fintech company currently at the centre of a money laundering investigation.
CBK Governor Patrick Njoroge yesterday said the firm does not have the regulator's authorisation to provide remittance or money transfer services. This is despite the fact that Flutterwave has been in operation in Kenya since 2018.
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