Capital.com Secures CMA Licence, Appoints Samwel Kiraka as CEO for Kenya

Capital.com, the global fintech group, has been granted a licence by Kenya’s Capital Markets Authority (CMA) to operate as a Dealing Online Foreign Exchange Broker (Licence No. 244). The approval allows the firm to provide regulated online forex and trading services to clients in Kenya, adhering to CMA standards for onboarding, execution, and client support.

The move marks a strategic step in Capital.com’s plan to expand responsibly into new markets under local regulatory frameworks. To lead operations in Kenya, the group has appointed Samwel Kiraka as CEO. Kiraka brings significant experience managing financial services operations in regulated environments and will oversee governance, compliance, and client operations locally.

Valentina Rzheutskaya, Executive Director at Capital.com, commented: “Obtaining a CMA licence is central to providing financial services responsibly. It ensures that our operations in Kenya meet regulatory expectations, maintain transparency, and support informed decision-making for clients.”

Kiraka added: “Our focus is on building local operations that meet CMA requirements from day one, ensuring strong governance, compliance, and client support.”

Capital.com operates globally under multiple regulated entities, including licences from the UK Financial Conduct Authority, Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, the Securities Commission of The Bahamas, and the UAE Securities and Commodities Authority.