Wahed: Invest granted regulatory license in South Africa
- Wahed is a world-leading halal financial investment platform that improves financial inclusion
- Received a new regulatory license from the FFSCA the regulator of the South African financial markets
- Acquiring the new license has been a huge achievement for the fintech company, as it ramps up efforts to deliver investment services
- With this regulatory approval, It will be able to locally launch its app
- South Africa is a key market for fintech expansion in Africa due to the severe economic inequality
- Fintech solutions can help to leapfrog these challenges, with its focus on transparency, minimal transaction fees, and financial inclusion
