Fintechs & Digital Payment Platforms

Outcome-driven compliance solutions tailored for fintechs & digital payment platforms in Kenya.

Sector Overview

Compliance, made fit-for-purpose

Kenya’s fintech ecosystem is one of Africa’s most vibrant, with M-Pesa leading global mobile money innovation. We support fintechs and digital payment platforms navigate Kenya’s evolving regulatory landscape while maintaining their innovative edge.

Key Challenges We Solve

Navigating CBK and CMA licensing requirements

Implementing digital KYC and identity verification

Real-time transaction monitoring at scale

Cross-border payment compliance

How We Support

Money laundering, terrorism financing and proliferation financing (ML/TF/PF) risk assessments

Regulatory licensing and compliance advisory

Digital KYC framework development

AML/CFT compliance programme design

Product risk assessments for new offerings

Sandbox application support

Outcomes

What you walk away with

Concrete, audit-ready compliance outcomes — not just paperwork.

Regulatory licensing and compliance advisory

Digital KYC framework development

AML/CFT compliance programme design

Product risk assessments for new offerings

Have a fintechs & digital paymentscompliance question?

Speak with a specialist — free 30-minute discovery call.

FAQ

Frequently Asked Questions

Common questions about Fintechs & Digital Payment Platformsin Kenya

What licences do fintechs need in Kenya?

Depending on services offered, fintechs may need licences from CBK (payments), CMA (securities), or IRA (insurance). We advise on the appropriate licensing pathway for your specific business model.

How can fintechs implement effective KYC digitally?

Digital KYC can leverage biometric verification, ID scanning, and risk-based approaches. We support design compliant digital onboarding flows that meet regulatory standards while minimising friction.

What AML requirements apply to mobile money platforms?

Mobile money platforms must implement customer identification, transaction monitoring, suspicious activity reporting, and maintain comprehensive records as required under POCAMLA and CBK guidelines.

Can Complywise help with regulatory sandbox applications?

Yes, we support fintechs in preparing sandbox applications, including regulatory documentation, compliance frameworks, and risk assessments required by regulators.

How should fintechs handle cross-border transactions?

Cross-border transactions require enhanced due diligence, sanctions screening, and compliance with both Kenyan and international regulations. We support design compliant cross-border payment frameworks.

Corporate Social Responsibility

Regulatory Engagement

Virtual Assets Compliance

Data Protection & Compliance

Anti-Corruption & Anti-Fraud Compliance

Financial Inclusion & Innovation

AML/CFT/CPF Advisory

Fintechs & Digital Payment Platforms

Compliance, made fit-for-purpose

Key Challenges We Solve

How We Support

What you walk away with

Have a fintechs & digital paymentscompliance question?

Frequently Asked Questions

Depending on services offered, fintechs may need licences from CBK (payments), CMA (securities), or IRA (insurance). We advise on the appropriate licensing pathway for your specific business model.

Digital KYC can leverage biometric verification, ID scanning, and risk-based approaches. We support design compliant digital onboarding flows that meet regulatory standards while minimising friction.

Mobile money platforms must implement customer identification, transaction monitoring, suspicious activity reporting, and maintain comprehensive records as required under POCAMLA and CBK guidelines.

Yes, we support fintechs in preparing sandbox applications, including regulatory documentation, compliance frameworks, and risk assessments required by regulators.

Cross-border transactions require enhanced due diligence, sanctions screening, and compliance with both Kenyan and international regulations. We support design compliant cross-border payment frameworks.