July 17, 2024

Fingo Africa Teams Up with Flagright for Enhanced AML and Fraud Protection

Fingo Africa has partnered with Flagright to enhance its AML compliance and fraud protection capabilities. This collaboration aims to provide secure, innovative digital banking services to the youth in Africa, reinforcing Fingo’s mission to empower young people with accessible financial solutions.

We are thrilled to announce our partnership with Flagright, a global leader in AML compliance and fraud protection solutions for fintechs and neobanks. This collaboration marks a significant milestone in our journey to provide secure, innovative banking services to the youth of Africa.

Fingo Africa: Revolutionizing Digital Banking for the Youth

As Kenya’s first digital-only fintech offering comprehensive banking services, Fingo Africa is dedicated to empowering young people with convenient and accessible financial solutions. Our mission is to create a wealthier Africa through innovative financial products, and this partnership with Flagright strengthens our commitment to providing top-tier services while maintaining regulatory compliance.

Flagright: A Trusted Partner in Combating Financial Crime

Flagright is renowned for its cutting-edge fincrime technology, designed to help financial institutions of all sizes stop financial crimes, secure payments, and navigate the complex landscape of regulatory compliance. Their platform boasts the industry’s fastest integration time, averaging just four days, making them an ideal partner for Fingo Africa.

A Strategic Collaboration for Enhanced Security

“At Flagright, we are always looking for opportunities to work with innovative companies that are driving change in their respective industries. Fingo Africa’s focus on providing digital banking services to young people is both exciting and inspiring, and we are honored to play a role in helping them achieve their goals,” said Baran Ozkan, Flagright’s co-founder and CEO.

Ian Njuguna, co-founder and CTO of Fingo Africa, added, “As a digital financial services provider focused on providing innovative financial solutions to young people, Fingo Africa is thrilled to partner with Flagright to enhance our AML compliance and fraud protection capabilities. With Flagright’s cutting-edge fincrime technology, we are confident that we will continue to deliver the highest level of service to our customers while maintaining regulatory compliance.”

A Future of Secure, Accessible Banking

This partnership underscores our shared vision of building a secure, accessible, and customer-focused future of finance. Together with Flagright, we are committed to paving the way for digital banking in Kenya and beyond.

To learn more about our partnership and how we’re working together to combat financial crime, check out the PR announcement on Flagright’s blog here: https://www.flagright.com/post/flagright-x-fingo-africa

About Fingo Africa

Fingo Africa is a digital bank founded by a team of young Africans, with a mission to empower the youth to create a wealthier Africa through innovative financial products. Our app allows users to open a bank account in under 5 minutes, with free peer-to-peer transactions and immediate access to multiple services such as savings, financial education, and smart spending analytics.

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