Klasha Gets Money Services Business License to Operate in the United States

Klasha, a leading global cross-border payments company, has announced that it recently received a Money Services Business (MSB) license from the Financial Crimes Enforcement Network (FinCEN).

The recently approved license gives Klasha the power to operate as a currency exchange and money transmitter in the United States of America.

The MSB license allows Klasha to offer its innovative cross-border payment solutions and financial services to businesses in the United States that want to send and accept cross-border payments from Africa and carry out foreign exchange services and international money transfers with ease and security, Nairametics reports.

What Jess Anuna, the CEO of Klasha, said about the firm acquiring an MSB license to operate in the United States,

• We are thrilled to have obtained the MSB license from FinCen as it grants us access to additional international markets, allowing businesses in the United States to utilize our cross-border payment solutions.

• This milestone represents a significant step in our mission to streamless cross-border payments and remittances between Africa and the rest of the world.

Klasha was founded in 2021 and has gotten the license to operate cross-border payment services in six African countries, Canada, the UK, and now the US. The firm has been on the list of companies delivering cross-border payment solutions in Africa.