Klasha, a global cross-border payments company, has been granted a regulatory license to operate and offer its ground-breaking Fintech services in Sierra Leone.
The Bank of Sierra Leone’s decision to include Klasha in its regulatory sandbox program demonstrates the bank’s confidence in the company’s dedication to creating innovative cross-border financial technology solutions that improve the effectiveness, usability, and security of digital transactions and cross-border payments.
With this license, Klasha will be able to conduct business in Sierra Leone and provide the people and companies in the country with its remarkable cutting-edge payment services.
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The CEO of Klasha Jessica Anuna expressed excitement following the company’s license approval in Sierra Leone, which she said will accelerate its growth and expand its reach in the Mano River Union.
In her words,
“We are thrilled to have obtained this license, which will accelerate our growth and expand our reach in the Mano River Union. Sierra Leone is a vibrant and growing market, and we look forward to working with the Bank of Sierra Leone and other stakeholders to drive seamless cross-border transactions in the country”.
Kasha’s acquisition of a financial services license in Sierra Leone is part of the company’s broader strategy to expand its presence across Africa. With its innovative payment solutions, Klasha is well-positioned to address the challenges of e-commerce in Africa and drive financial inclusion on the continent.
Using Klasha, global businesses can accept payments from Africa in many African payment methods and currencies, send cross-border payments frictionlessly online, and get paid in hard currencies.
Ultimately, the company enables global businesses to scale into Africa seamlessly through its technology, allowing African consumers to access global goods and services using the African currencies and money methods they possess.
The global cross-border payments company is backed by American Express, Global Ventures, Plug and Play, Greycroft, TechStars, and Seedcamp, and has developed a payables and receivables solution for individuals and businesses that enables seamless financial flow between Africa and the rest of the world.
Klasha’s payment spans six high-growth African countries, with payouts in over 120 currencies. It is present in six African countries which include Nigeria, Kenya, Tanzania, South Africa, Uganda, and Zambia, and has carried out over 1,000,000 transactions across Africa.
Klasha has a culture of working with the best talent that delivers tasks with operational excellence and individuals who can ship products quickly and with precision.
The company’s mission is to enable businesses and consumers to transact in Africa as seamlessly as experienced on other continents.