By: Sarah Baafi
The Bank of Ghana has admitted six fintech companies into its Regulatory Sandbox Programme as part of efforts to support innovation while strengthening oversight of emerging digital financial services.
The one-year initiative is designed to validate proposed regulatory frameworks governing the exchange, custody, administration and issuance of virtual assets.
The selected firms are Transika Ltd., One Africa Securities Ltd., Mansu Technologies Ltd., Payafrione GH Ltd., Akuna Wallet Ltd., and Afrix Paycoin Ltd.
According to the Central Bank, the Regulatory Sandbox provides a controlled environment that allows innovative financial products and services to be tested while safeguarding market integrity and consumer interests.
The Bank of Ghana noted that participation in the sandbox does not constitute a full licence and reserves the right to withdraw approval at any time should any entity fail to meet performance expectations or comply with applicable requirements.
The programme forms part of the Bank’s broader commitment to fostering a safe, innovative and resilient financial ecosystem.
