OneRegoID offers an API-driven infrastructure for financial institutions in the DRC to connect with telecoms and regulators. The platform enables seamless onboarding, secure transaction processing, and real-time regulatory compliance through digital identity issuance with embedded KYC/AML/CFT protocols.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions in the Democratic Republic of Congo face challenges with interoperability, digital identity verification, and regulatory compliance, particularly concerning the Central Bank's National Payment Switch (NPS) mandate. This environment necessitates modernized onboarding, secure transaction processing, and real-time regulatory insights to serve a growing customer base and mitigate audit risks.
Solution
OneRegoID provides an API-driven infrastructure that connects telecoms, banks, and regulatory bodies within the DRC to facilitate seamless onboarding, payment processing, and compliance adherence. The platform enables the issuance of biometric-ready digital identities and integrates Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Financing of Terrorism (CFT) protocols directly into onboarding workflows. By leveraging secure, scalable APIs, OneRegoID supports high-volume, real-time transactions and offers real-time regulatory insights, aligning with standards such as ISO 8583 and OHADA. This infrastructure simplifies integration for institutions managing legacy systems, allowing them to modernize operations and meet evolving regulatory requirements.
Target Audience
The primary target audience includes financial institutions, mobile money operators, and regulatory bodies operating within the Democratic Republic of Congo seeking to enhance interoperability, digital identity management, and regulatory compliance.
Features
- Unified API infrastructure for connecting financial institutions, telecoms, and regulators.
- Digital identity issuance with biometric capabilities and embedded KYC/AML/CFT logic.
- Secure, scalable APIs designed for high-volume, real-time transaction processing.
- Interoperability support for mobile money, banks, and institutions connecting to the National Payment Switch.
- Compliance with financial standards including ISO 8583, OHADA, and Central Bank directives.
- Real-time regulatory insights and reporting functionalities.
- Low-friction integration for modernizing legacy financial systems.