Fintrust Securities Limited, a subsidiary of Nairobi-based non-bank lender Fincorp Credit, has received regulatory authorization from the Capital Markets Authority to operate as an Authorized Securities Dealer, granting it formal entry into Kenya's fixed-income market.
- •The CMA license permits Fintrust to buy and sell fixed-income securities on behalf of clients, quote bid and offer prices across instruments, and provide investment advisory services, functions the regulator said would support price discovery and trading efficiency in the bond market.
- •The Nairobi Securities Exchange has separately admitted Fintrust as an ASD on its bond trading platform.
- •Fincorp Credit, incorporated in 2020 following a Central Bank of Kenya no-objection clearance, operates as a credit-only institution focused on trade finance, SME lending, and related products.
Gibson Wachaga, founder and chief executive of Fincorp Credit, said the license would create direct avenues for younger Kenyans to participate in the markets.
"For our clients, this license means greater access to diverse investment opportunities, enhanced trading capabilities, and professional fund management services under one roof," he said.
"We are committed to delivering transparent, efficient, and client-centered solutions that empower investors to achieve their financial goals with confidence."
For the Fincorp group, the license marks a strategic extension beyond its core credit business. The addition of a capital markets subsidiary represents the group's first regulated foothold in securities dealing.
