Klasha, a cross-border funds firm that powers African funds for world corporations to promote cross-border on-line to and from Africa has been granted a license by the regulatory authorities of Sierra Leone to function and provide its groundbreaking fintech providers within the nation.
Klasha’s inclusion within the Financial institution of Sierra Leone’s Regulatory Sandbox Program underscores the corporate’s dedication to creating cutting-edge cross-border monetary know-how options that improve the effectivity, accessibility, and safety of cross-border funds and digital commerce.
With this license, Klasha will be capable of function in Sierra Leone and supply its revolutionary cost providers to the nation’s residents and companies.
“We’re thrilled to have obtained this license, which is able to speed up our progress and increase our attain within the Mano River Union,” mentioned Klasha’s CEO Jessica Anuna. “Sierra Leone is a vibrant and rising market, and we look ahead to working with the Financial institution of Sierra Leone and different stakeholders to drive seamless cross-border transactions within the nation.”
Klasha‘s acquisition of the monetary providers license in Sierra Leone is a part of the corporate’s broader technique to increase its presence throughout Africa. Backed by American Specific, Greycroft, and Seedcamp, Klasha has served over 1,102,284 transactions throughout its 6 markets in Africa
Based in 2021 with a presence in Nigeria, South Africa, and Kenya, Klasha gives cross-border cost options for world and African companies promoting on-line to and from Africa. The platform permits world companies to simply accept funds from their African clients in native African currencies and cash strategies, ship cross-border funds seamlessly on-line, and get payouts in laborious currencies by way of Klasha enterprise account to facilitate each native and worldwide cross-border funds.