29 Apr Fingo Africa partners with Flagright

Fingo Africa partnered with Flagright to embed state-of-the-art Anti-Money Laundering and fraud prevention capabilities into its core systems.

As the inaugural Neobank in Kenya, Fingo Africa recognised the need for robust financial crime prevention and seamless real-time transaction monitoring. 

The partnership with Flagright has set new benchmarks for security and compliance in the FinTech sector, illustrating the transformative power of strategic collaborations in digital banking.

Ian Njuguna, co-founder and CTO of Fingo Africa, expressed his regret at not implementing the partnership 12 months earlier, due to the rapid growth of the platform that brought with it a complex set of challenges, notably the intricacies of managing an expanding user base and the heightened risk of financial threats. 

The dynamic regulatory environment in Kenya further necessitated a flexible defence mechanism that could evolve swiftly to meet new regulations without disrupting service or security.