Unlimint expands to Africa with new payments license in Nigeria
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Unlimint, a payments solutions provider, is expanding its operations to Africa. The company has kickstarted its operations in the continent by launching operations in Nigeria. The company’s venture into Nigeria and this new license came after it secured a Payment Solution Service Provider (PSSP) license from the Central Bank of Nigeria.
Unlimint secures a license in Nigeria
According to a press release from the company, this new license will enable Unlimint to operate as a recognized payment services provider in Nigeria. The PPSP license will allow the platform to extend its wide range of payment solutions to local businesses.
The CEO of Unlimint, Kirill Evstratov, commented on this expansion saying that the company was committed to empowering businesses globally with payment solutions. As such, the company was confident that its solutions would support all sizes of businesses and allow them to succeed in a digital=savvy environment.
“Unlimint’s expansion to Nigeria is a testament to our unwavering commitment to empowering businesses globally with our innovative payment solutions. We are proud to bring our cutting-edge technology and deep expertise to the Nigerian market, and we are confident that our solutions will enable businesses of all sizes to thrive and succeed in the digital age,” Evstratov said.
Unlimint is expanding its global operations
Unlimint is a platform that provides businesses with various payment services. Some of the services that the company offers include corporate accounts and acquiring. Last year, the company boosted its services by releasing a banking-as-a-service (BaaS) product.
Unlimint is also expanding its operations to the cryptocurrency industry. It released the GateFi platform developers can use to link traditional payment networks with blockchain technologies.
Unlimint is a platform whose headquarters are situated in London. The company has a solid presence across multiple financial locations, such as Frankfurt, Hong Kong, Mexico, and Sao Paulo.
The company’s expansion into Africa is strategic as Nigeria’s demand for its services is high. Nigeria is witnessing a significant demand for faster and more secure payment solutions, and Unlimint is in a unique position to fill this gap.
The Director for Africa & India at Unlimint, Trevor Goott, commented on this development, saying that Africa’s technology and payments sector had witnessed a notable transformation in recent years. The executive added that Nigeria was at the forefront of the payments revolutions across Africa.
Launching Unlimint in Nigeria is the first step towards the company’s expansion to the African market. Other announcements regarding the company’s growing reach will be made in the coming months, with a significant presence in new markets expected to be seen soon.
Goott also said that the company was pleased with the endless opportunities it would realize because of its expansion to the Nigerian market. Its presence in this market will attract businesses and their customers. The company also looks forward to being part of the Nigerian Payments Landscape.
