We’re proud to announce our investment in Regulon, a company simplifying business onboarding and automating compliance for fintechs across Africa and the UK.
💡 What they do:
For millions of businesses, lengthy and costly customer onboarding processes are a major bottleneck, delaying sales cycles and stifling growth. Regulon eliminates these challenges by automating compliance checks through its AI-powered platform, which consolidates fragmented business verification data across Africa. This allows onboarding times to be slashed from weeks to seconds, while reducing costs by up to 90%.
Regulon streamlines onboarding by enabling businesses to create reusable, shareable company profiles through a Regulon ID, giving service providers like fintechs a single, reliable source for verification and plug-ins. This simplifies processes for both fintechs and their customers. With global success stories like Alloy and Persona proving the value of streamlined compliance, Regulon is building essential verification infrastructure tailored to Africa’s unique needs, unlocking faster growth and smoother operations for businesses across the continent.
🚀 Why we invested: This marks our second time backing CEO Yao Baku, following our investment in his previous startup Pennysmart, which was successfully acquired by Flutterwave. His experience makes him uniquely positioned to tackle the compliance challenges facing African fintechs. With fintech in Africa growing over 20% annually and mounting regulatory pressures, Regulon’s API-first solution addresses a crucial need in the market. By consolidating fragmented data sources and automating verification processes, they’re positioned to become the essential compliance infrastructure powering African fintech’s future growth.
Join us in welcoming Regulon to the Baobab Network family! 🌳
