OUR CLIENT LIBERTYPAY LIMITED RECEIVES CBN’S LICENCE TO UNDERTAKE PAYMENT SOLUTION SERVICE

The Central Bank of Nigeria (“CBN”) has issued our Client, LibertyPay Limited, a fintech company in Nigeria, a Payment Solutions Service Licence to operate agency banking business in the country. Super-Agents are Fintech companies with the lowest capital requirement threshold (being N50 Million) in the payment ecosystem in Nigeria. A super-agent company is a business incorporated in Nigeria and licensed by the CBN to undertake agency banking. Agency banking is a type of financial service that is carried out on behalf of banks to banked and unbanked communities or population in order to increase financial inclusion to those who would … Continue reading OUR CLIENT LIBERTYPAY LIMITED RECEIVES CBN’S LICENCE TO UNDERTAKE PAYMENT SOLUTION SERVICE