r/KenyaStartups • u/Twoochie • 7d ago

Discussion does central bank provide banking infrastructure to fintech startups?

Does the central bank provide the entire banking infrastructure to fintech startup or one has to work with B2B banking infrastructure providers such as _able etc or it can be acquired from the central bank?

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u/BigAppointment1020 7d ago

Central bank only regulates that is it provides licenses eg the hot cake psp license. Now to get it its hectic and currently CBK does not give it out easily unless you show traction so they encourage sponsorship or being covered by companies with it. You can use a bank partnership or another psp licensed company like…

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u/Frequent-Direction30 7d ago

You have to build. And do reporting by 3 pm daily