Klasha acquires a financial services license in Sierra Leone under the Regulatory Sandbox Program
Klasha, a leading global cross-border payments company, is thrilled to announce that it has been granted a license by the regulatory authorities of Sierra Leone to operate and offer its groundbreaking fintech services in the country.
Klasha's inclusion in the Bank of Sierra Leone's Regulatory Sandbox Program underscores the company's commitment to developing cutting-edge cross-border financial technology solutions that enhance the efficiency, accessibility, and security of cross-border payments and digital commerce. With this license, Klasha will be able to operate in Sierra Leone and provide its innovative payment services to the country's citizens and businesses.
"We are thrilled to have obtained this license, which will accelerate our growth and expand our reach in the Mano River Union," said Klasha’s CEO Jessica Anuna. "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."
Klasha's acquisition of the 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.
Klasha was launched in 2021 and is a technology company that powers African payments for global companies to sell cross-border online to millions of African customers. With Klasha’s payables and receivables solutions, businesses can send money from Africa offshore in African currencies using African money methods, and global businesses can accept payments online from the continent in African currencies to allow frictionless movement of payments between Africa and the rest of the world. Klasha is backed by American Express, Greycroft, Seedcamp, and Global Ventures.
For more information about Klasha and its payment services, visit klasha.com.
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