Nigerian Regtech Regfyl Raises USD 1.1 M in Pre-Seed
- Regfyl raises USD 1.1 million in pre-seed funding.
- Investors include Techstars, RallyCap Ventures, and Africa Fintech Collective.
- Funding will enhance AML compliance solutions.
The successful funding round for Regfyl highlights the growing recognition of the importance of AML compliance in Africa's fintech landscape. As regulatory pressures increase, startups like Regfyl are well-positioned to provide essential services that not only help companies comply but also foster trust in the financial system. This trend could lead to more investment in regtech solutions across the continent.
