About us

CEO and Founder Alex Wright has worked in FX and financial services at some of the largest global brokerages for nearly a decade. The seed idea that produced Mbele was simple, why should local Kenyan and East African businesses not be able to tap into the same expertise that businesses are able to in London and Europe? Having lived and worked throughout Africa in the NGO and Travel & Tourism sector, Alex has a strong knowledge of the African marketplace. These experiences have allowed him to create Mbele FX, a business that reflects his skills and experience in finance and Africa. Alex’s aim is to provide a service that will help unleash Africa’s enterprising intent.

Mbele’s mission is to make the foreign exchange services industry more client-focused and transparent whilst providing a smooth, simple workflow in what can be a complex process. We aim to provide our clients with the best of both worlds, the assurance of being backed by the City of London’s “Square Mile” balanced against a keen local knowledge of how our clients do business. We aim to trade at the most optimal moments to maximise returns for our clients. Mbele also has a broader social purpose beyond a single transaction. Mbele seeks to facilitate the growth ambitions of local businesses. We help our customers view the global marketplace as an opportunity.

Supported by Fully FCA regulated financial services firm Equals PLC. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).

All client funds are held in segregated accounts and managed under the FCA payment services regulations. Client funds are held with Barclays Bank in London.

Mission statement

Regulatory position