The central bank of Ghana responsible for regulating the country's financial sector.
Ghana’s Small Lenders Want To Build Their Own Instant Payment Network
GHASALC is developing a shared instant payment platform with GHAMFIN and CUA. The project is called the GHASALC-GHAMFIN-CUA Inclusive Instant Payment System (GIIPS).
UMB Bank Wins Approval to Serve Crypto Businesses in Ghana
UMB becomes the first bank in Ghana to receive joint approval for virtual accounts in the virtual asset sector. The approval allows UMB to open regulated banking channels for crypto and blockchain-linked firms.
Ghana Revokes Fintech Startup Zeepay’s Licence Over Regulatory Breaches
The Bank of Ghana revoked Zeepay's DEMI licence citing multiple regulatory breaches. Zeepay failed to maintain the required cash backing for electronic money, exposing users to financial risks.
Ghana’s Zeepay, A Rising Star in Ghanaian Fintech, Has Been Facing A Wave of Lawsuits and Regulatory Scrutiny
Zeepay was founded in 2014 to facilitate remittances directly into mobile money wallets in Africa. The company expanded from Ghana into over 20 countries, including Zambia, Ivory Coast, Sierra Leone, and The Gambia.
Enza Awarded Payments License From Bank of Ghana, Eyeing Summer Launch
Enza awarded a Payment Service Provider Enhanced license by the Bank of Ghana. The license allows Enza to roll out services to banks, fintechs, and financial institutions in Ghana.
