Tagged: money transmission

April 3, 2026 @ 10:15 am By Tony Zerucha  |  

Flutterwave, an African payments technology company, has secured a Nigerian banking license. It enables the company to hold funds and deposits directly, strengthening its financial infrastructure across its largest market and enabling more efficient financial services and settlement flows for consumers, businesses and enterprises. Historically,… Read More

October 25, 2023 @ 9:50 pm By Omar Faridi  |  

Bakkt is pleased to share that they are supporting a new open standard for money transmission: Universal Money Addresses or “UMAs.” Bakkt has collaborated with Lightspark to be one of its initial partners, and they are pleased to announce the alpha launch of our UMA-capable Lightning service…. Read More

August 7, 2020 @ 12:09 pm By Samantha Hurst  |  

Wirex, a UK-based payments platform, announced on Friday it has received its first money transmission license in the U.S. from the State of Georgia Department of Banking and Finance. According to Wirex, the license will allow them to engage in the business of money transmission… Read More