{"id":478748,"date":"2024-03-12T09:47:52","date_gmt":"2024-03-12T09:47:52","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=478748"},"modified":"2024-03-12T09:47:57","modified_gmt":"2024-03-12T09:47:57","slug":"unlimit-secures-payments-licence-in-tanzania-and-further-expands-presence-in-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2024\/03\/12\/unlimit-secures-payments-licence-in-tanzania-and-further-expands-presence-in-africa\/","title":{"rendered":"Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<p class=\"wp-block-paragraph\">\u00a0<br>\u00a0Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (\u201cBOT\u201d) licence, marking another significant step in the company\u2019s expansion within the region.<br>\u00a0<br>The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range of new offerings\u00a0such as business payments, merchant services and outbound payments, among other things, to the Tanzanian market.<br>\u00a0<br>The launch of Tanzanian operations marks an important step in Unlimit\u2019s broader strategy of expanding into Africa, and follows the approval of similar licences last year in Nigeria and Kenya. By launching operations in a third African country, Unlimit has underscored its continued commitment to enhancing its presence and investment in the region by expanding the reach of its proprietary payment infrastructure across the continent. The addition of this infrastructure will remove existing barriers to regional and global trade for the country\u2019s entrepreneurs, as Unlimit continues to work towards its mission of eliminating financial borders around the world.<br>\u00a0<br>Trevor Goott, Director for Africa and India, Unlimit, said: \u201cIt\u2019s a tremendous opportunity to launch our operations in Tanzania and we\u2019re excited to bring our unparalleled payments infrastructure to yet another market in Africa. Through digital payment solutions expertly tailored to the continent, we strongly believe we can help consolidate the fragmented African payments landscape and drive broader economic growth by providing the best possible support to local businesses and entrepreneurs. We are building for the long-term.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Peter Mlay, Head of Tanzania, Unlimit said: \u201cWe thank the regulators for their support and guidance, and we are now looking forward to onboarding international and local merchants, businesses and entrepreneurs and driving more value and consumer choice across the Tanzanian market through our unique payment solutions.\u201d<br>\u00a0<br>\u00a0<strong>About Unlimit<br><\/strong>Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, Banking as a Service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi. The company\u2019s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LatAm, APAC, India, and Africa.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (\u201cBOT\u201d) licence, marking another significant step in the company\u2019s expansion within the region.\u00a0The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range of<\/p>\n","protected":false},"author":527180,"featured_media":478750,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12591,11996],"tags":[21304],"class_list":["post-478748","post","type-post","status-publish","format-aside","has-post-thumbnail","category-feature","category-finance-en","tag-unlimit","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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