Youverify, a regtech company that builds full-cycle global compliance products for businesses officially launched its services in Kenya as part of their international market expansion plans. The company is on a mission to transform the way organisations navigate the complexities of regulatory requirements.
The company that builds global compliance products for businesses to automate their end-to-end compliance needs. With access to 6,000+ data points, Youverify provides compliance solutions for global consumption.
With Youverify, businesses are empowered to comply with regulatory requirements and mitigate risks while achieving sustained growth with our simple platform in the most cost-effective manner.
Youverify offers end-to-end compliance solutions including Know Your Customer [KYC], Know Your Business [KYB], Know Your Transaction [KYT], Know Your Employee [KYE], Adverse Media Screening and Risk Intelligence Solution.
The decision to enter the Kenyan market comes as part of Youverify’s commitment to addressing the growing demand for effective regulatory solutions in emerging economies. They aim to provide Kenyan businesses with the tools and expertise necessary to navigate the complex regulatory landscape, ultimately fostering trust, transparency, and sustainable growth.
“Expanding our products and solutions to Kenya is a strategic move that has always been in the works. Having thoroughly studied the compliance landscape in Kenya, we believe the market is ripe for our superior technology”, says Gbenga Odegbami, CEO and Co-Founder, Youverify during the launch event in Nairobi
“Expanding our product offerings to Kenya aligns perfectly with our vision to drive financial innovation on a global scale. As we bring our cutting-edge technology and expertise to the Kenyan market, we aim to revolutionize the way businesses approach compliance.”
According to Dimitri Kanellopolus, the Chief Executive [EEMEEA, APAC], Youverify
for a long time the company has sighted on Kenya’s rapidly evolving financial sector and commitment to regulatory reform.
This creates the perfect ecosystem for regtech service providers like ours to thrive and empower Kenyan businesses to satisfy regulatory requirements efficiently and scale confidently.”
He also spoke about Youverify’s superior end-to-end compliance technology and how it will help businesses establish economic relationships in while remaining on the right side of compliance.