In September 2024, Flutterwave, the African paytech, received an ‘International Money Transfer Operators’ (IMTO) licence from the Reserve Bank of Malawi, bringing the firm’s offering into the country. Building on this, Flutterwave has now launched its flagship remittance product, Send App by Flutterwave, in Malawi.
Following the announcement, Malawi residents and Malawian communities across the UK, US and Europe, will now be able to utilise the Flutterwave Send App to send money with favourable exchange rates to their families and friends. Users will be able to receive funds on both mobile apps and web devices. They will also have 24/7 in-app assistance and a dedicated support team.
Send App also relies on the same highest global security standards Flutterwave uses for protecting data and funds. The service was relaunched in 2023 with expanded access to support transfers from the US and Canada. In doing so, Flutterwave’s offering has been strengthening the bonds between Africans in the diaspora and their families and loved ones at home.
Supporting personal needs in Malawi
Olugbenga “GB’ Agboola, founder and CEO of Flutterwave
Olugbenga ‘GB’ Agboola, founder and CEO of Flutterwave commented: “At Flutterwave, we have always prided ourselves on our commitment to providing value where it is most needed. With Send App’s arrival and our knowledge of the crucial role remittances play in supporting the personal needs of individuals in Malawi, we are better positioned to support Malawians who want to receive money from the diaspora.
“This marks the beginning of an exciting journey of endless possibilities in Malawi. We’ll continue innovating to make Send App available to as many people as possible who need it across Africa.”
Lumbani Gondwe, country manager, Malawi
Adding to this, Lumbani Gondwe, country manager, Malawi said: “Send App was built to connect families, friends, and loved ones seamlessly no matter the distance. Malawi, the heart of Africa, is a great country that thrives on such connections.
“We are ready to facilitate affordable, quick, secure and seamless international money transfers for Malawians home and abroad. We’re actively working on including Mobile Money and Cash Pickup into our delivery options. We will continue to strive to improve our bank coverage,” he added.
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