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X is now licensed for payment processing in a dozen US states

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Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The company in late November was granted three additional money transmitter licenses in the U.S. states of South Dakota (on November 27), Kansas (on November 28) and Wyoming (on November 30), bringing the total number of states where the company is allowed to engage in money transfers to 12.

The other states where the company had previously been granted a money transmitter license include Arizona, Georgia, Iowa, Maryland, Michigan, Mississippi, Missouri, New Hampshire and Rhode Island. All of the states were licensed this year, starting with New Hampshire on June 29.

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Stephen Osae

Finance Manager

A seasoned finance executive with a robust background of over 15 years in progressive roles focused on financial management, strategic development, and operational oversight within diverse fields like manufacturing, retail, service sectors, and IT. Stephen is Proficient in managing multi-departmental teams, focusing on streamlining financial processes and implementing cost saving measures to aid in the organizations growth and improve its bottom line. Currently serving in the IT industry with a proven track record in budgeting, forecasting, financial analysis, risk management and regulatory compliance. A detail oriented professional with a focus on outcomes, he is enthusiastic about applying his financial acumen to encourage innovation and sustainable growth across rapidly changing industries. Stephen is a qualified Chartered Accountant (CA) and an esteemed member of the Institute of 5 Chartered Accountants, Ghana (ICAG). Additionally, he earned his undergraduate degree in Accounting from the University of Professional Studies, Accra (UPSA). He has interest in developing and implementing financial policies, managing stakeholder relationships and supporting executive leadership with data-driven insights for strategic decision-making.

Jemima Adutwumwaa Korang

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Bringing over 15 years of invaluable experience from Absa Bank and Telecel, Jemima Adutwumwaa Korang is an insightful executive known for her proficiency in customer relations, business operations, management, and project implementation. Holding an Executive MBA in Entrepreneurial Management from the University of Ghana, and a Project Management certification from Ghana Institute of Management and Public Administration (GIMPA), she combines academic excellence with practical insight to drive transformative outcomes across diverse business landscapes. Currently serving as the General Manager of Technology Advantage Group Ltd., her strategic foresight and execution capabilities have significantly shaped the growth trajectories of TAG. Passionate about innovation and resilience, her enthusiasm lies in fostering the growth of startups through effective operational practices and the right technological solutions that guarantee resilience and a competitive advantage

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With over two decades of experience in ICT, especially in software and systems business, Mr.Ernest Brown is not only a founding member but also serves as a director at 3S Technologies; his impressive career includes previous roles as Country Manager for NCS Equatorial Guinea and Executive Director at Zipnet. He is currently the Chief Executive Officer of Technology Advantage Group. He is an alumnus of the University of Ghana and possesses an Executive Masters in Distributed Systems conferred by the International Centre for Theoretical Physics (ICTP) based in Trieste, Italy. In his professional journey, Mr. Brown served as the President of GISPA (Ghana Internet Service Providers Association) and participated on numerous governing boards, including those of GIFEC (Ghana Investment Fund for Electronic Communication) and NITA (National Information Technology Agency), all agencies under the ministry of communications. Mr. Brown is fervently dedicated to advancing Ghana’s ICT sector through the implementation of innovative and transformative solutions designed to enhance users’ lives and create job opportunities for young IT engineers.