| What We Need To Provide | Why Is It Important | What Does It Mean For You |
|---|---|---|
| Adequate operational capital | a) We are subject to the minimum initial capital and own funds requirement. Own capital requirement is intended for covering the risk of a provision of payment services. b) We protect your funds with our security measures (segregation of funds and funds insurance). | Your payouts are protected as entrusted to a company with adequate operating capital. |
| Internal and external auditor is mandatory | Our accounts are subject to additional check. | Four layers of defense for your business. |
| Sound Anti-money laundering (AML) policies and procedures | a) Risk-based approach (RBA) in assessing and managing the money laundering and terrorist financing risk to the company. b) We perform customer due diligence (CDD), identification and verification procedures, including enhanced due diligence, screening against UN, EU, OFAC sanction lists. | Our AML/CTF policies and procedures make us reliable partner within the financial sector safeguarding our own and your business reputation. |
| Data protection and security | We maintain high level IT security checks and data protection processes, access right procedures and data encryption. | Your sensitive information is safe and protected with us. |
Licenses & Registrations
In order to ensure the provision of their portfolio of services in full compliance with all applicable global and local regulations and standards, Afrex™ as a company hold licenses and registrations in numerous jurisdictions worldwide, and are constantly bringing their operations in line with newly adopted legislative changes.
Licenses & Registrations
In order to ensure the provision of their portfolio of services in full compliance with all applicable global and local regulations and standards, Afrex™ as a company hold licenses and registrations in numerous jurisdictions worldwide, and are constantly bringing their operations in line with newly adopted legislative changes.
KENYA
Business Registration
Service
Private Limited Company
Software Technology Service
REFERENCE NO.
PVT-RXUJA5Z.
COMPANY
Afrex Technologies Limited
KENYA
Capital Markets Authority
Sandbox
REFERENCE NO.
Coming Soon
COMPANY
Afrex Technologies Limited
KENYA
Central Bank of Kenya
Sandbox
REFERENCE NO.
Coming Soon
COMPANY
Afrex Technologies Limited
KENYA
Office Of The Data Protection
Commission
Data Controller & Data Processor
COMPANY
Afrex Technologies Limited
UNITED STATES
Financial Crimes
Enforcement Network
Money Service Business Registration
Terms status
Afrex in partnership with provider
CANADA
Capital Markets Authority
Money Service Business Registration
Terms status
Afrex in partnership with provider
UNITED KINGDOM
Financial Conduct Authority
Crypto asset firms with Temporary Registration
Terms status
Afrex in partnership with provider
LITHUANIA
Financial Crime
Investigation Service
Virtual Assets Service Provider (VASP)
Execution of Virtual Currency Exchange Operator and Deposit of Virtual Currency Wallets Operator
Terms status
Afrex in partnership with provider
UNITED ARAB EMIRATES
Central Bank of the UAE
Proprietary Trading In Crypto
Commodities
Terms status
Afrex in partnership with provider
ESTONIA
Financial Supervision and Resolution Authority
Dormant License for Crypto Exchange
Dormant Licensed for Wallet Services
Terms status
Afrex in partnership with provider
What Does Afrex Being Licensed and Regulated Mean?
What Does Afrex Being Licensed and Regulated Mean?
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Terms of use
Privacy Policy
AML / CFT Policy
Ethics Policy
Risk Warning
Accessibility Statment
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