Navigating Regulatory Challenges in the Financial Sector
How We Deliver Excellence
Client: Local fintech start-up
Project: Securing regulatory approvals for a mobile payments platform
RBGLP has supported Zambia’s fintech sector by advising a start-up during its launch phase:
Investor Readiness: Prepared term sheets and agreements that secured the client’s first round of investment worth $500,000.00
Regulatory Compliance: Guided the client through the requirements of the Bank of Zambia’s National Payment Systems Act, ensuring timely approval for their mobile payment platform.
Data Protection: Drafted data-sharing policies to comply with the Data Protection Act, safeguarding consumer information.
Outcome:
The platform now facilitates over 10,000 transactions daily, improving financial inclusion across underserved regions in Zambia.