RightCard Receives CBN’s IMTO License For Seamless Operation In Nigeria
RightCard Payment Services Limited, a subsidiary of Lemonade Technology Inc., is thrilled to announce the acquisition of its International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN).
RightCard Payment Services Limited, a subsidiary of Lemonade Technology Inc., is thrilled to announce the acquisition of its International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). This significant achievement reflects Lemonade Technology Inc.'s (LemFi) unwavering dedication to delivering secure and efficient financial services while adhering to the regulatory standards set by the Central Bank of Nigeria.
With this newly obtained IMTO license in Nigeria, RightCard Payment Services can now collaborate directly with banks, eliminating intermediaries and offering its services to the Nigerian market, thereby enhancing the overall customer experience for remittances to Nigeria.