Ghana-Based Regtech Startup Regulon Secures Funding From Baobab Network

Ghana-based Regulon, a regtech startup streamlining business onboarding and compliance, has secured investment from Baobab Network, an accelerator backing early-stage African startups. The three-month accelerator program will provide hands-on support, consulting, and access to a global network, helping the company scale quickly.

Founded in 2024, Regulon addresses a major pain point for fintechs: slow, expensive, and fragmented customer onboarding processes. Its AI-powered platform automates compliance checks and consolidates business verification data across Africa, reducing costs by up to 90%. Businesses create reusable company profiles linked to a “Regulon ID,” offering a single, reliable source for verifying customer information — simplifying life for both fintechs and their clients.

The startup is led by Yao Baku, former CEO of Pennysmart, another Baobab-backed company acquired by Flutterwave, marking its expansion into Ghana. Baku’s experience positions Regulon well to tackle the regulatory challenges facing African fintechs amid industry growth exceeding 20% annually.

With mounting compliance pressures and fragmented verification systems across the continent, Regulon’s API-first solution aims to become critical infrastructure for fintech growth in Africa and beyond. This investment and accelerator support could enable Regulon to build a trusted compliance ecosystem, driving faster, smoother operations for businesses navigating Africa’s rapidly evolving financial landscape.