Global fintech trading platform Capital.com has received regulatory approval from the Capital Markets Authority (CMA) of Kenya, allowing it to operate as a licensed Dealing Online Foreign Exchange Broker in the country.
The licence, issued under number 244, authorises Capital.com to offer regulated online forex and trading services to Kenyan clients.
Capital.com emphasised that compliance, risk management, and transparency remain central to its operations.
To lead its local operations, Capital.com has appointed Samwel Kiraka as Chief Executive Officer, Kenya. Kiraka brings experience in managing financial services within regulated markets and will oversee governance, compliance, and day-to-day client operations as the company establishes its Kenyan presence.
Commenting on the approval, Valentina Rzheutskaya, Executive Director at Capital.com, said “Operating under local regulatory supervision is a fundamental requirement for offering financial services responsibly. The CMA licence provides a clear framework for how we operate in Kenya, including how we communicate risk, support clients and maintain appropriate controls. Our focus is on providing access to markets within a regulated environment that prioritises transparency and informed decision-making.”
Capital.com will operate in Kenya under CMA supervision, with local compliance structures, governance oversight, and client support teams in place. The firm will also be subject to ongoing reporting and supervisory requirements as mandated by the regulator.
Speaking on the company’s priorities in the market, Kiraka said, “Capital.com’s priority in Kenya is to operate within the framework set by the Capital Markets Authority and to build local operations that meet regulatory and operational expectations from day one.”
For these and more stories, follow us on X (Formerly Twitter), Facebook, LinkedIn and Telegram. You can also send us tips or reach out at [email protected].
Also Read: CMA Greenlights Gulfcap’s Ziidi Shariah Money Market Fund
