With Africa establishing a burgeoning tech ecosystem in FinTech hubs such as Ghana, Nigeria, Kenya, and South Africa, a traditionally fragmented financial system is steadily being built on mobile and web-enabled platforms, apps and systems. Under a new tech-focused digital financial services ecosystem, funded in part by tech investors, FinTech startups are seeking to develop, grow, and scale critical payments infrastructure one country at a time.
Since 2016, Stratis Advisory has supported African FinTechs, NGOs, financial institutions, and investors in-country, on-site, and remotely. More importantly, Stratis Advisory has developed the AML/CFT compliance infrastructure, anti-bribery and corruption (ABC) frameworks, business continuity plans, and consumer protection regimes for payment service providers and licensed institutions. In addition, the firm has responded to regulator inquiries and examinations, performed regulatory required independent reviews, and guided investors on jurisdiction-specific compliance and operations of their portfolio companies.