We are glad to inform you that, on 9 May 2024, Tiers Inc. obtained approval from the Business Registration Service of Kenya regarding the application of Pan-African Tiers Limited. Registration is essential so Tiers can be present, pay taxes and be under the regulations in the country. The next step is the approval by the Central Bank.
Kenya has been considered one of the most progressive African countries in terms of fintech regulation. The Central Bank of Kenya has established a regulatory framework that encourages innovation in the financial sector, and obtaining a PSP (Payment Service Provider) license is relatively straightforward. Therefore, our application shall be processed very soon.
Tiers is on a mission to empower people with accessible and equitable financial services by providing a comprehensive suite of innovative products and services. We are committed to simplifying everyday financial transactions, enhancing financial inclusion, and improving the lives of individuals with transparency, fair rates, and unwavering customer support. By redefining the banking experience, we aim to bring agility to people’s daily routines, from bill payments to savings, and seamless online products.
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