Every serious financial company eventually meets the same test: can it earn trust in the markets that demand the most? This week, Parkpay passed it.
Behind the approval is a team built for exactly this kind of climb. Led by the Director of Risk, Compliance & Enterprise Growth, Anthony Chukwuemeka Akujobi, and a bench of seasoned business and payments professionals, Parkpay is now registered with the Bank of Canada as a licensed Payment Service Provider under the Retail Payment Activities Act, clearing one of the highest regulatory bars in the Western world and joining a select group of providers authorised to operate inside it.
This did not come from nowhere. Parkpay built its business on the corridors others avoided, AED, CNY, XOF and XAF, and moved real volume for real businesses across Africa and Asia. The company already holds licences in Nigeria, the United States and the United Kingdom. Canada is its newest frontier, not its first.
But this is bigger than a badge. Each license is a promise kept: that the company moving a customer’s money is held to the highest standards, wherever it is sent. For Parkpay’s users, it means stronger protection, more corridors, and the same simple idea that has driven the company from day one, keeping more of their money in their hands.
A Nigerian-built company now stands, regulated and recognised, on three continents. The frontier keeps moving. So does Parkpay.
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