About the company

GreenTech Solutions builds fintech systems for funds, brokers and crypto companies to AFSA and NBK requirements. We translate the regulator's requirements into the language of development, so that the system passes inspection without extra rounds of changes.

2024

the year we started building fintech systems for companies in Kazakhstan.

10

people on the team: analysts, developers and testers.

5

systems we have taken to a regulator's inspection or to operation under its supervision.

Three rules we work by

A good fintech system is hard to build and easy to maintain.

A bad one is the opposite: it gets put together quickly and then fixed for years.

You answer to your clients, and we answer to you.

That is why we care that your clients have nothing to complain about after launch.

Everything a company says about itself should match what it actually does.

That is why this site makes no promises we cannot back up.

How the checks went

0 changes

Live testing with the NBK

The client was authorised to operate

Client
A fintech company from Kazakhstan.
Timeline
Five months from the first requirements to testing.
Scope
Three payment providers and settlements with forty agents.
0 changes

AFSA license notice criteria

The system met the requirements

Client
A broker, an AIFC participant.
Timeline
Four months from the first requirements to the review.
Scope
Two providers and client accounts in three currencies.
0 findings

Full external audit

The system passed an independent external audit

Client
The same fintech company before testing with the NBK.
Timeline
The audit took three weeks.
Scope
The auditors checked the code, the data and the system logs.

What we are compared with

Comparison of ways to get a fintech system that meets regulatory requirements
CriterionGreenTech SolutionsIn-house teamOff-the-shelf productRegular studio
When regulator requirements are taken into accountBefore development startsAfter compliance commentsGeneric, the same for every clientIf the customer brings them
Experience of AFSA and NBK checksPassed without changesUsually noneDepends on the vendorUsually none
Timeline3 to 6 monthsMonths of changes, sometimes over a yearLaunch within a few weeksBy contract, changes come after the inspection
Control for the ownerReports and finished parts on scheduleFull, but through hiring and managing peopleUpdates and support stay with the vendorAs agreed
How you payA fixed price for the resultTeam salaries every monthA licence, a subscription or a share of transactionsOften hourly billing

Company details

Legal entity
GreenTech Solutions LLP
BIN
000000000000
Address
1 Primernaya St., office 100, Astana
Working hours
Weekdays from 9:00 to 18:00 Astana time

Let us review the requirements for your system

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