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American MSB grants license to Klasha

Modupeoluwa Olalere by Modupeoluwa Olalere
November 24, 2023
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Klasha, a top global cross-border payments company, is thrilled that the Financial Crimes Enforcement Network (FinCEN) has given it a Money Services Business (MSB) license. 

Klasha can use this license to trade money and send money to others in the United States.

With this MSB licence, the company can now offer its cutting-edge cross-border payment solutions and financial services to US businesses that want to send and receive payments from and to Africa, as well as accessible and safe foreign exchange services and international money transfers.

“We’re thrilled to have gotten the MSB licence from FinCen because it gives us access to more international markets and lets US businesses use our cross-border payment solutions,” said Klasha CEO Jess Anuna.

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“This milestone is a big step towards our goal of making it easy for people in Africa to send money to people in other parts of the world.”

Klasha was started in 2021 and now has licences to offer cross-border payment services in the US, Canada, six African countries, and the UK. The payment company has led in bringing cross-border payment solutions to Africa. It also provides smooth cross-border payment solutions for global companies that want to expand into Africa.

Read also: Sierra Leone grants Fintech license to Klasha

Jesse Anuna, Klasha CEO

Klasha, founded and directed by Jessica Anuna, produces African commerce software at 29. Techstars backs Lagos-based Klasha. Jessica founded two top web companies and worked at two. She studied Mandarin Chinese in her free time. 

A Nigerian, She was raised in London. She worked full-time for Net-A-Porter and Amazon while studying Mandarin. Before attending Jiao Tong University in Shanghai, Imperial College London and Kings College London taught her Chinese language and culture for two years. 

China’s economic development and its benefits were obvious to her. After graduating, she started RestockChina, a bulk FMCG shipping company to UK and US wholesalers in China. She lived in Shanghai for three years after working in Guangzhou and Shenzhen. 

In Lagos, Nigeria, Jessica manages 20 Klasha players. After graduating from Cambridge, she left Amazon, Net-A-Porter, and Shopify. Jessica also studied journalism at City University, London. 

According to Forbes, WWD, and BBC London News, Jessica has made keynote speeches at the UN Headquarters in Geneva and Nairobi and the African Union Commission in Addis Ababa. Jessica was selected Forbes Africa’s 30 Under 30 and New Wealth Creator in 2019. Among Management Today’s “35 under 35 Ones to Watch”.

Klasha acquires MSB license to operate in Canada

About Klasha

Klasha is a technology company that was founded in 2021 and powered African payments for international businesses to sell to millions of African customers online across borders.

Businesses can use its payables and receivables solutions to send money offshore from Africa using African money methods, and international companies can accept payments online from Africa in African currencies, facilitating seamless payment transfers between Africa and the rest of the world. AMEX, Greycroft, Seedcamp, and Global Ventures have money behind Klasha.

Tags: KlashaUK
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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