MSTRpay has appointed Ms Fenina Kondolanga-Donda as a non-exclusive country agent for the Democratic Republic of the Congo (DRC), reinforcing its structured market assessment and partner outreach activities in Central Africa as part of its wider emerging-markets expansion strategy.
Appointment focused on market access and introductions
The mandate is strictly facilitative in nature. Ms Kondolanga-Donda’s role is to identify and introduce licensed microfinance institutions (MFIs), coordinate initial documentation flows, and support early-stage joint-venture conversations under MSTRpay’s established governance framework. She holds no authority to negotiate commercial terms, commit capital, or represent the company contractually.
All discussions, approvals, valuations, capital structuring, and regulatory decisions remain fully centralised within MSTRpay’s group leadership. An NDA and Agent Agreement are already in place, ensuring that engagement with potential local partners proceeds in a controlled and compliant manner.
Clearly defined scope of assignment
The appointment covers four primary workstreams: identification of suitable licensed MFIs in the DRC; coordination of introductory meetings and documentation; support for central bank and regulatory engagement where appropriate; and facilitation of exploratory partnership structures operating under existing local licences.
This approach allows MSTRpay to develop on-the-ground insight while preserving full decision-making authority at group level. The company emphasises that the role is designed to improve market visibility and pipeline quality, not to accelerate commitments.
Robust governance and risk controls
The mandate is governed by strict due-diligence, anti-corruption, audit-trail, and compliance requirements. A no-valuation-prior-to-NDA policy applies across all engagements, and any deviation from internal protocols results in immediate termination of the mandate.
MSTRpay continues to apply a standardised governance framework across all prospective markets, ensuring consistency in partner screening, regulatory alignment, and operational readiness. This includes layered approval processes, documented compliance checkpoints, and centralised oversight of all material decisions.
Strategic rationale for the DRC
The Democratic Republic of the Congo represents a large, under-served financial services market with growing demand for inclusive digital infrastructure. By appointing a local agent, MSTRpay strengthens its access to licensed institutions and regulatory pathways, while maintaining full control over capital deployment and corporate governance.
The company views the DRC engagement as part of a broader, step-by-step Central African strategy, prioritising disciplined market entry over rapid expansion. Local insight is combined with centralised controls to reduce execution risk and ensure alignment with long-term operational standards.
Disciplined expansion across emerging markets
MSTRpay states that its approach across Africa and other emerging regions remains deliberately methodical. Market entry follows a structured sequence: initial assessment, partner identification, regulatory alignment, and only then commercial structuring.
By separating local facilitation from corporate decision-making, the group aims to balance regional access with institutional-grade governance. Management says this model allows MSTRpay to build sustainable partnerships while preserving transparency, accountability, and regulatory rigour.
The company confirmed that further updates will be provided as its Central Africa assessment progresses.
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