Klasha, a cross-border payments company that powers African payments for global companies to sell cross-border online to and from Africa 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. Backed by American Express, Greycroft, and Seedcamp, Klasha has served over 1,102,284 transactions across its 6 markets in Africa
Founded in 2021 with a presence in Nigeria, South Africa, and Kenya, Klasha provides cross-border payment solutions for global and African businesses selling online to and from Africa. The platform allows global businesses to accept payments from their African customers in local African currencies and money methods, send cross-border payments seamlessly online, and get payouts in hard currencies via Klasha business account to facilitate both local and international cross-border payments.