Unlocking access to banking services for the ASM sector
KOTA is a client onboarding system for banks and other finance providers to confidently engage in support of mining and the trade in mineral resources. It is suitable for operators of every scale, and contains guidance to comply with regulation.
Why use KOTA?
For mining and mineral trade operators, getting access to a bank account or financial services is crucial towards securing investment and expanding activities. However, banks see the mining sector as risky because there isn’t enough clear information available, and they must follow strict international rules like KYC and AML. KOTA helps small- and medium-size businesses in DRC meet these strict requirements, apply for services and demonstrate that they’re working responsibly.
For Operators
Simplified Registration
KOTA is simple to use and includes guidance for self-assessment.
Data Sovereignty
Maintain exclusive control over your information, which you can use to apply with multiple banks.
Business Synergies
Reuse the system as part of your supply chain due diligence, to avoid duplication of effort.
Simplified Registration
KOTA is simple to use and includes guidance for self-assessment.
Data Sovereignty
Maintain exclusive control over your information, which you can use to apply with multiple banks.
Business Synergies
Reuse the system as part of your supply chain due diligence, to avoid duplication of effort.
For Banks
Streamlined Onboarding
A common evaluation and monitoring template for all your counterparties in the sector.
Regulatory Compliance
Implement a standard information management requirements to monitor KYC and AML indicators.
Improved Risk Management
Orchestrate operations and maximise information availability on counterparties.
Streamlined Onboarding
A common evaluation and monitoring template for all your counterparties in the sector.
Regulatory Compliance
Implement a standard information management requirements to monitor KYC and AML indicators.
Improved Risk Management
Orchestrate operations and maximise information availability on counterparties.
How it works
Through KOTA, mining and mineral trade operators can better manage their information, to apply for banking services and also improve their reporting to investors, buyers, and other partners.
1
Express Interest
Complete the application form to register your organisation on the platform.
2
Self Assess
Once authorised, use KOTA to organise all your documentation and assess your conformance.
3
Apply for Services
Share information with the bank so that it can review your file, provide a decision and guidance.
4
Achieve More
Use your information to engage with other banks or other market participants and stakeholders.
Developers