It’s all about protecting the end user — you.
At Revix, we consistently comply with and adapt to existing and evolving regulatory landscapes in the financial technology services industry. Compliance is a cornerstone of our business and it's complemented by our robust institutional-grade risk management and anti-money laundering protocols. Further information regarding the regulatory status of Revix is available here.
Revix Capital is an Authorised Financial Services Provider (FSP) in South Africa with license number 52727.
We are a registered Accountable Institution with the Financial Intelligence Centre of South Africa (FIC) and we support and implement FIC's anti-money laundering and counter terrorist financing measures and initiatives.
We’re supported and banked by Africa’s largest bank. Standard Bank facilitates our fiat currency payments.
We undergo periodic financial and proof of reserve audits. This approach ensures our users can place their trust in us and fosters greater transparency in the industry.
Compliance Services is our specialist external compliance partner. ICS is a registered compliance practice with the FSCA.
We utilise the advanced Sumsub AML and financial crime prevention platform in conjunction with a detailed Risk Management and Compliance Programme.
Our Risk Management Committee comprise of experienced financial professionals.
Dynamic and active risk management is an essential component of the business of a financial services Provider.
Our Committee continuously identifies, assesses and monitors financial risks. This results in more agile and safer business practices enhancing the safety of your assets.
Revix implements a comprehensive Risk Management and Compliance Programme (RMCP), bolstered by the advanced financial monitoring technology supplied by Sumsub.
Our dedicated team of due diligence analysts meticulously carries out the RMCP, under the guidance of experienced senior management. This program is the result of a collaborative endeavor with our compliance partner, ICS, and undergoes regular evaluation to ensure its effectiveness.
We periodically work with an external auditor to independently verify that we custody assets with a perfect 1:1 backing. This approach ensures our users can place their trust in us and fosters greater transparency in the industry. To date, this transparency has only been matched by a few.
We never take ownership of your assets. Your assets are held by us on your behalf, or with a professional custodial partner. In the unlikely event of insolvency, you retain ownership of your assets.
This approach not only separates client assets from our company's operational funds but also minimises the risk of unauthorised access.