The licence allows the company to offer foreign exchange, money transfer, and payment services in Canada through a newly established subsidiary, while also providing regulatory approval to handle virtual currency and digital asset transactions.
ai-technology1 min readAI
Kenyan cross-border fintech WapiPay enters Canada with money services licence
T
TechCabal
Afrika2063
June 20, 2026
Imported
The licence allows the company to offer foreign exchange, money transfer, and payment services in Canada through a newly established subsidiary, while also providing regulatory approval to handle virtual currency and digital asset transactions.
◆ Why It Matters for Africa's Future Economy
FutureAfrica Intel is still analyzing the broader relevance of this story.
Agenda 2063 Relevance
Auto-inferred · Africa's Long-Term Development Framework
45%
relevance
Relevant Aspirations
ProsperityYouth & PeopleCulture
Impact Areas
Science & InnovationHuman DevelopmentEconomic GrowthCultural HeritageCreative Economy
SOURCE
TechCabal ↗