Zimbabwe admits 7 fintech projects to regulatory sandbox

Sandbox participation permits supervised testing but does not guarantee full commercial registration.

Zimbabwe’s securities regulator has admitted seven financial technology projects to its regulatory sandbox, with tokenization accounting for most of the latest group. 

The Securities and Exchange Commission of Zimbabwe (SECZ) listed Zimbabwe Entrepreneurship Exchange, Ndarama Standard, Questview Brokers, Crowdaxe Capital, Procode Platforms, Financial Securities Exchange (FINSEC) and Colmin Resources Zimbabwe as approved participants.

The projects cover blockchain-based capital raising, crowdfunding, synthetic trading and the tokenization of assets, securities and infrastructure, with four of the seven directly focused on tokenization, 

Read more