• Flutterwave partners Clear Junction to strengthen remittance reach, with opportunities including its Ghana's market
• Bank of Ghana suspended Flutterwave’s role in new remittance partnerships for one month effective 18 September 2025.
• Ghana received USD 4.7b in remittances in 2023, making it the second-largest recipient in Sub-Saharan Africa after Nigeria.

Flutterwave has aligned with UK-based Clear Junction in a move that could strengthen its remittance capabilities across several markets, including Ghana. The Nigerian fintech may benefit directly from Clear Junction’s cross-border payment infrastructure, while also leveraging Zeepay Ghana, a licensed local partner of Clear Junction, to sustain disbursements in Accra under existing regulatory frameworks.

The partnership between Zeepay and Clear Junction already allows the Ghanaian e-money issuer to access European clearing systems such as SEPA and UK networks including FasterPayments, BACS and CHAPS, via Clear Junction’s correspondent accounts. This integration reduces costs and simplifies the collection of funds in Europe and the UK, enhancing Zeepay’s capacity to channel remittances into Africa. Flutterwave’s alignment with the platform could therefore extend those efficiencies to its own network.

The timing is sensitive. On 4 September, the Bank of Ghana issued Notice BG/GOV/SEC/2025/25 suspending Flutterwave and Cellulant Ghana Limited from serving as local partners to international money-transfer operators for one month, effective 18 September. The regulator cited unauthorised transactions on behalf of Top Connect, Send App, Taptap Send, Remit Choice and Afriex, along with breaches of settlement and foreign-exchange reporting rules. The measure also temporarily withdrew the foreign-exchange licence of UBA Ghana, which acted as settlement bank.

Ghana is a major remittance market. According to the World Bank’s Migration and Development Brief 40, the country received USD 4.7 billion in 2023, making it Sub-Saharan Africa’s second-largest recipient after Nigeria. Any shift in how inflows are routed, even temporarily, has the potential to alter competitive dynamics among providers.

For Flutterwave, the Clear Junction–Zeepay conduit offers a possible avenue to remain active while regulators weigh compliance. For Ghana’s central bank, it underscores the challenge of balancing innovation with strict oversight of foreign-exchange and settlement flows.