The Rwanda Capital Markets Authority has admitted Ndovu Wealth Rwanda Limited to its Fintech Regulatory Sandbox, allowing the firm to test its WAZI API in a live capital markets environment under the sandbox guidelines. The product is described as an embedded finance solution designed to integrate capital markets products into the financial platforms of existing ecosystem participants, with the aim of improving access and broadening investor participation. The test will run for 12 months. Ndovu Wealth Rwanda said the innovation will connect with existing players including collective investment schemes, mobile money operators and banks to expand the investor base for capital markets products. The sandbox is the authority's framework for small scale, time-bound testing of fintech innovations before any wider market deployment.
Rwanda Capital Markets Authority2026-05-14
Rwanda Capital Markets Authority admits Ndovu Wealth Rwanda to fintech sandbox for 12 month WAZI API test
The Rwanda Capital Markets Authority has admitted Ndovu Wealth Rwanda Limited to its Fintech Regulatory Sandbox to test its WAZI API in a live capital markets environment. The 12 month test will assess an embedded finance solution intended to distribute capital markets products through platforms operated by collective investment schemes, mobile money operators and banks.