Fincra Secures Bank of Tanzania Payment System Provider License, Boosting East African Expansion

Why Nigerian Fintechs Are Suddenly Eyeing East Africa - Innovation Village | Technology, Product Reviews, Business

If you’ve been watching the fintech space closely, you’ll notice something interesting: Nigerian startups aren’t just expanding — they’re migrating. But not to Silicon Valley or London. East Africa is calling. And Nigerian fintechs are answering. Just this June, Moniepoint — one of Nigeria’s most successful fintech giants — acquired a 78% stake in Sumac Microfinance Bank in Kenya. It didn’t make a big noise, but it was a significant move. Behind…

Fincra expands  to Tanzania, deepening East African footprint

Fincra, a pan-African payment infrastructure provider, has secured a Payment System Provider (PSP) license from the Bank of Tanzania. The company is on a mission to build the payment rails for an integrated Africa, akin to the likes of Flutterwave. It does this by offering payment collections in local currency, facilitating local and international payouts for businesses. In the last two years, the company has rapidly acquired payments and remitt…

Fincra secures Tanzanian licence as it expands footprint across East Africa

Fincra has obtained a Payment Systems Provider licence in Tanzania, expanding its footprint to a third East African market.

Fincra Secures Bank of Tanzania Payment System Provider License, Boosting East African Expansion

Fincra, a Nigerian payment platform offering solutions for online and offline payments, multicurrency accounts, and global transfers, has secured a payment system provider license from the Bank of Tanzania. The license under the 2015 Payment Systems Licencing and Approval Regulations, authorizes Fincra to deliver secure, scalable, and compliant payment solutions to businesses and consumers in […] The post Fincra Secures Bank of Tanzania Payment …