Fortress Core Connect, a leading fintech and liquidity infrastructure provider servicing online brokerages, asset managers, and prop firms, is proud to announce the successful acquisition of a Category I Financial Services Provider (FSP) license from the Financial Sector Conduct Authority (FSCA) in South Africa under license number 54537.
This development marks a significant milestone in Fortress Core’s ongoing commitment to localise operations and deepen regulatory alignment across key markets. It also reaffirms the company’s broader strategic direction, as outlined by CEO Dany Mawas in a recent Q&A session, where he stated:
“Fortress Core is focused on scaling our global footprint and deepening our local presence. We’re actively in the process of securing new regulatory licenses and operations […]. In parallel, we’re launching several new entities under Fortress Core Connect’s group of companies, enabling us to operate more effectively within the local frameworks of the markets we serve. Our mission remains clear: to bridge local ambition with global standards”.
“On the liquidity side, our exclusive partnership with ATFX Connect gives us the ability to deliver deep, ultra-competitive and reliable Tier-1 pricing across FX, commodities, indices, and equities for onshore and international markets. The kind of liquidity hedge funds, banks, and your largest brokerages only get access to.”
In tandem with its proprietary fintech stack, Fortress Core’s strengthened regulatory positioning offers a comprehensive, all-in-one solution for brokers, prop firms, and asset managers looking to establish a lasting presence in the region.
This milestone in South Africa comes on the back of a sustained period of significant growth, marked by a wave of strategic partnerships, technology rollouts, and White Label brand activations across the region. Fortress Core is now in the final stages of expanding into additional global markets, while a series of new partnerships are set to be announced, including strategic alignments in Latin America and in Europe, and a forthcoming partnership with a leading payments infrastructure provider, further enhancing the value proposition and performance for its end-users.
