Digital Lending Company Optasia Obtains Fintech License From Bank Of Ghana

By Joseph-Albert Kuuire 2 Min Read

Optasia, a FinTech company specializing in digital lending technology, has been granted a Payment and Financial Technology Service Provider (PFTSP) license by the Bank of Ghana.

Details

The approval allows Optasia, through Xtra MFS Ghana, to offer its AI-led end-to-end proprietary technology to provide credit scoring and decision system to its financial institution clients in the country.

Optasia’s offerings are currently utilized in over 35 countries, through distinguished financial institutions and MoMo/distribution partners, helping them to support underbanked populations that need financial inclusion the most.

Why This Matters

With this license, Optasia aims to expand its credit scoring services to support a broader range of digital financial products that cater to the underserved and unbanked populations in Ghana.

What They’re Saying

“As global leaders in financial technology through our AI platform, we are always committed to working with the authorities in every country we operate in and ensuring compliance to our operations,” stated Mark Muller, Group CEO of Optasia.  

“The approval of our license to operate as a Payment and Financial Technology Service Provider in Ghana by Central Bank of Ghana is another testament of our solid efforts to establish our compliance and credibility in all regions we operate.”


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Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire
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