Youverify, a regtech firm that offers full-cycle global compliance products for businesses, formally unveiled its services in Kenya as it seeks expand its services to the lucrative region.

The firm says it seeks to change the way organization in Kenya navigate complex regulatory requirements as it positions itself as a leading innovative compliance solutions provider.

Youverify is a registration technology service provider which creates global compliance products for businesses globally to automate their end-to-end compliance requirements.

Youverify is an identity verification company that provides compliance solutions and boasts of having access to more than 6,000 data points to empower businesses to also mitigate risks while achieving persistent growth.

It also offers Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), Know Your Employee (KYE), Adverse Media Screening and Risk Intelligence Solution.

Youverify CEO and Co-Founder Gbenga Odegbami says their venture into Kenya is strategic and helps address a growing need for efficient regulatory solutions in emergent economies.

Gbenga Odegbami. PHOTO/COURTESY

“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,” said Odegbami.

He added, “As we bring our cutting-edge technology and expertise to the Kenyan market, we aim to revolutionize the way businesses approach compliance.”

“For long, we have had our sight on the country'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,” stated Youverify CEO EEMEEA & APAC, Dimitri Kanellopolus.