Important: Kowry is preparing settlement infrastructure and is not currently offering unrestricted public account or transaction services. Any future regulated service will prohibit money laundering, terrorist financing, sanctions evasion, and other financial crime, and will include risk-based monitoring, escalation, and reporting controls.
Kowry Technologies Ltd is committed to strong Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), sanctions, and financial-crime controls. Our operating model is being developed with reference to:
Future production onboarding will require appropriate customer due diligence before regulated settlement or payment functionality is made available. Depending on the customer type, corridor, partner requirements, and regulatory position, this may include:
Where identity verification providers or regulated partners are used, data handling and retention will follow the applicable law, contractual controls, and product-specific privacy notices.
Production transaction monitoring will be risk-based and will combine automated controls, reconciliation evidence, partner signals, and manual review. Kowry expects to flag and investigate activity such as:
Where suspicious activity is identified in a regulated context, Kowry will follow applicable reporting obligations, including escalation to the MLRO and submission of Suspicious Activity Reports or equivalent notices to the relevant authority where required. We will not disclose restricted reporting activity where tipping-off rules apply.
Future customers, counterparties, relevant beneficial owners, and transactions will be screened against appropriate sanctions and watchlist sources, including:
Confirmed or potential sanctions matches will be escalated, restricted, rejected, frozen, or reported as required by law and partner operating rules.
Customers, beneficial owners, or authorised users identified as Politically Exposed Persons (PEPs), family members, or close associates may be subject to Enhanced Due Diligence, additional documentation, ongoing review, and senior approval before access to regulated services.
We expect to apply Enhanced Due Diligence to corridors or counterparties involving jurisdictions identified as high-risk by FATF, UK authorities, partner banks, or relevant local regulators. Kowry will not knowingly support activity prohibited by comprehensive sanctions or applicable law.
Where regulated services are provided, Kowry will maintain customer due diligence, transaction, reconciliation, and compliance decision records for the statutory periods required by applicable AML, sanctions, tax, and financial-services rules. Records will be made available to competent authorities where legally required.
Kowry will maintain named compliance ownership for AML/CTF, sanctions, onboarding controls, monitoring, and regulatory escalation as the operating model moves from public diligence to regulated service delivery. Contact: compliance@kowry.io
Staff or contractors with access to customer data, transaction systems, compliance processes, or restricted diligence materials will receive role-appropriate training. Training and access records will be maintained as part of the operating control framework.
The following risks are not exhaustive. You should seek independent financial and legal advice before using Kowry's services. Only use funds you can afford to lose.
Exchange rates fluctuate constantly. The value of your holdings in any currency can decrease, sometimes significantly, due to market movements, political events, or economic factors.
Cross-border settlement depends on local currency availability, partner operating hours, corridor liquidity, and regulatory permissions. In some conditions, execution may be delayed or unavailable.
Laws governing payments, remittances, foreign exchange, and mobile money services are evolving. Regulatory changes may restrict or delay certain services in a jurisdiction without notice.
Platform outages, cyberattacks, software bugs, or mobile money network failures may temporarily prevent access to your funds or cause transaction errors.
Settlement may rely on banks, mobile money operators, payment processors, or other regulated partners. Service interruptions or partner restrictions may affect availability.
Errors in transaction amounts, destination addresses, or mobile money numbers may result in irreversible loss of funds. Always verify transaction details carefully before confirming.
Nothing on the Kowry platform constitutes financial, investment, legal, or tax advice. All content is provided for informational purposes only. You are solely responsible for your financial decisions. We strongly recommend seeking independent professional advice before making any significant financial transaction.
Kowry Technologies Ltd is not currently authorised by the UK Financial Conduct Authority (FCA) as a regulated financial institution. Funds held on the Kowry platform are not protected by the UK Financial Services Compensation Scheme (FSCS). You may lose funds held on the platform in the event of Kowry's insolvency.
Mobile money services (M-Pesa, MTN MoMo, Airtel Money, Orange Money) are operated by third-party providers. Kowry is not responsible for outages, errors, or transaction failures caused by these third-party networks. Always confirm receipt of funds through your mobile money provider independently.
If you suspect financial crime, fraud, or misuse of the Kowry platform, report it to us at compliance@kowry.io. You can also report directly to:
Kowry Technologies Ltd — Compliance Team
66 Paul Street, London, EC2A 4NA, United Kingdom
Email: compliance@kowry.io
Company No. 17202314 — Registered in England & Wales