Monrovia– PayLink Corporation has launched operations in Liberia, joining the country’s growing financial services sector with a promise of integrity, regulatory compliance, and a strong focus on financial inclusion.
By Jaheim T. [email protected]
Speaking at the launch, PayLink Corporation Chief Executive Officer, Cllr. Boye Sumo said the company’s vision is anchored on ethical leadership and service.
“The theme is committing our work to God for integrity, prosperity, and service,” Cllr. Sumo told the gathering.
He said PayLink was established to respond to long-standing gaps in access to formal financial services, compliance support, and professional business advisory in Liberia.
“In efforts to serve and provide microfinance, remittance, agency banking, mobile money, foreign exchange, IT solutions, tax and legal consultancy, we commit to operating with integrity, transparency, accountability and service to humanity,” Cllr. Sumo said.
According to him, the institution is designed to support entrepreneurs, income earners, and institutions through practical and technology-driven solutions.
“We are not just building a company. We are building resources, opportunities, and pathways for inclusive growth,” he added.
Bridging Financial and Advisory Gaps
PayLink Corporation is a Liberian-owned financial services, digital solutions, tax, legal, and business advisory company providing integrated services to individuals, businesses, and institutional clients across the country.
In a market where many remain excluded from formal finance and compliance support, the company says its mission is rooted in advancing financial inclusion by delivering accessible solutions that empower entrepreneurs, strengthen institutions, and support sustainable economic development.
Backed by a multidisciplinary team with experience in finance, law, technology, and business development, PayLink combines local market knowledge with global best practices.
The company said its leadership is committed to integrity, innovation, and impact, ensuring alignment with Liberia’s national development priorities and the practical needs of both public and private sectors.
PayLink’s services span microfinance and SME lending, money remittance, agency banking, mobile money, foreign exchange, digital and IT solutions, tax and legal advisory, investment facilitation, car rental, and hospitality services.
Cllr. Sumo emphasized that PayLink is more than a fintech firm.
“We are not just a fintech company. We are also a consultancy firm. We have tax practitioners, lawyers, and business advisors,” he said.
A major highlight of the launch was PayLink’s regulatory standing. Sumo disclosed that the company holds three key licenses from the Central Bank of Liberia (CBL)—microfinance, money remittance, and foreign exchange.
“We have three accreditations from the Central Bank of Liberia. Microfinance, money remittance, and a foreign exchange license. So, we are blessed, privileged, and honored,” he said.
In his keynote remarks, D. Bouleigh Cooper, Deputy Director responsible for Market Finance within the CBL’s Regulation and Supervision Department, said PayLink’s entry into the market with its regulatory compliance.
“At the level of the Central Bank, we promote financial inclusion,” Mr. Cooper said, noting that strict licensing and regulatory compliance remain central to that goal.
He explained that PayLink’s applications were thoroughly reviewed.
“We were able to critically review his request, look at all of the different parameters in terms of the licensing requirements and application requirements,” Mr. Cooper stated.
He confirmed that PayLink received professional and final licenses to operate as a full-fledged market finance institution, along with approvals for remittance services and foreign exchange operations.
You can see the number of activities that show the level of innovation and the level of interest in advancing financial inclusion in the country,” Mr. Cooper pointed out.
Mr. Cooper said additional approvals were also granted for remittance sub-agent services and foreign exchange operations, describing the company’s portfolio as a reflection of innovation and interest in advancing financial inclusion.
Mr. Cooper also urged the company to prioritize consumer protection and service quality as it expands.
The launch was attended by representatives of commercial banks and fintech companies that have partnered with PayLink.
Austin Emeed, Head of Business Development and Sales at BNB Liberia, described PayLink as “a dynamic company trying to drive financial inclusion in Liberia.”
He said BNB Liberia is proud to collaborate with PayLink in money remittance services to deliver seamless and secure transactions.
From Ecobank, Kadiatu Y. Massaley said the partnership would allow customers to access a range of services at PayLink locations, including cash-in, cash-out, prepaid card loading, school fees collection, pension payments, and international money transfers.
Ezekiel Weah of Guaranty Trust Bank (GTBank) praised the initiative, noting that discussions are ongoing to expand collaborative services.
“He’s leveraging everybody to get the most out of us, and that’s a good thing,” Mr. Weah said.
PayLink’s advisory arm is supported by seasoned professionals, including senior tax advisor Albert Nyuangar, who stressed the importance of compliance.
“If you want to make this a vibrant entity, you cannot do anything that is not lawful. That is how you establish your reputation in the country,” Mr. Nyuangar said, assuring clients that PayLink’s tax and legal services are backed by extensive local and international experience.
As it begins operations, PayLink says it is seeking collaboration with regulators, financial institutions, development partners, and private sector actors.
“Financial inclusion is not just a service. It is a pathway to empowerment, dignity, and sustainable economic growth,” Cllr. Sumo said, inviting stakeholders to engage with the company.
With full regulatory approval, diversified services, and growing partnerships, PayLink Corporation enters Liberia’s financial sector, aiming to expand access to finance while supporting compliance, innovation, and inclusive economic growth.
