The Central Bank of Kenya (CBK) has approved 12 more digital credit providers (DCP), bringing the total number of licensed…
Browsing: digital lenders
All digital lenders operating in Kenya have until September to apply for new licenses, the Central Bank said Tuesday. Dr.…
After much-needed hue and cry over predatory and arm-twisting conduct characterising Kenya’s digital lending businesses, The Central Bank of Kenya…
A law that allows for the licensing and supervising of digital lenders came into effect on December 23 following the…
The Central Bank of Kenya (CBK) says it will not cap interest rates charged by digital lenders but expects them…
Digital lenders will no longer give loans to new customers outside their existing database of borrowers, citing their continued freeze…