CMA Approves Two ISPP Platforms in Push to Expand Digital Investing

NAIROBI, Kenya, May 26 – The Capital Markets Authority has licensed two fintech firms to operate as Intermediary Service Platform Providers (ISPPs), in a Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Capital Markets Authority (CMA) has approved two fintech firms, Moneto Ventures Limited and Pesa Bridge Limited, to operate as Intermediary Service Platform Providers (ISPPs).

This move aims to expand digital access to regulated investment products and accelerate participation in Kenya's capital markets.
The approved firms, Moneto Ventures Limited (operating Chumz mobile app) and Pesa Bridge Limited, will connect retail investors to collective investment schemes.
These licenses are part of the CMA's broader strategy to deepen the market through technology, foster financial inclusion, and attract younger investors.

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