Regulatory

Global: Klasha Secures MSB License, Expanding Cross-Border Payment Services to the United States

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Klasha, a prominent global cross-border payments company, is excited to announce the acquisition of a Money Services Business (MSB) license from the Financial Crimes Enforcement Network (FinCEN). This license grants Klasha the authority to operate as a currency exchange and money transmitter in the United States.

With the MSB license, Klasha is poised to provide its innovative cross-border payment solutions and financial services to businesses in the United States. This includes facilitating cross-border payments to and from Africa, as well as conducting foreign exchange services and international money transfers securely and efficiently.

Jess Anuna, CEO of Klasha, expressed excitement about obtaining the MSB license, emphasizing its significance in expanding access to international markets. This milestone marks a substantial step in Klasha’s mission to streamline cross-border payments and remittances between Africa and the rest of the world.

Founded in 2021, Klasha holds licenses to provide cross-border payment services in six African countries, Canada, the UK, and now the US. The company has been a leader in delivering cross-border payment solutions in Africa and aims to offer global businesses seamless options for scaling into the African market.

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