BoG Suspends Remittance Partnerships of Flutterwave, Cellulant, and Halges Financial Technologies
The Bank of Ghana (BoG) has announced the suspension of remittance partnerships involving three payment service providers (PSPs) — Flutterwave Inc., Cellulant Ghana Limited, and Halges Financial Technologies Limited — over multiple breaches of the Updated Guidelines for Inward Remittance Services.
According to a statement issued by the central bank, the remittance operations of Flutterwave Inc. and Cellulant Ghana Limited have been suspended for one month, effective September 18, 2025, following violations of paragraphs 5 and 7.1 - 7.3 of the 2023 guidelines, as amended by BoG Notice No. BG/GOV/SEC/2025/25.
In addition, Halges Financial Technologies Limited has been barred from engaging in any remittance activities unless it secures prior approval from the Bank of Ghana.
The BoG e...