Digital lenders

CBK clears 51 digital lenders as 429 queue

Reading Time: 2 minutes Central Bank of Kenya (CBK) has licensed 19 new Digital Credit Providers (DCPs), acc the total number to 51. This […]

Number of licenced digital lenders increases as CBK licences 10 more

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has announced the licensing of additional 10 Digital Credit Providers (DCPs), popularly known as […]

Future of 259 digital lenders uncertain as CBK delays approval

Reading Time: 2 minutes MARKET: The future of 259 digital credit providers (DCPs) hangs in the balance after the Central Bank of Kenya (CBK) […]

Number of licenced digital lenders in Kenya hits 22 as CBK licences 12 more

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has licenced 12 more Digital Credit  Providers (DCPs), popularly known as digital lenders, to […]

Another digital lender buys Kenyan microfinance bank

Reading Time: < 1 minute Kenyan microfinance banks have become a target of foreign fintech companies seeking to overcome regulatory challenges that have hit digital […]

Digital lenders dealt a blow in new CBK regulations

Reading Time: 2 minutes The Central Bank of Kenya (CBK) has gazetted new rules for Digital Credit Providers (DCPs) popularly known as Digital Lenders, […]

Digital lenders riding high as startups borrow over Sh50b

Reading Time: 2 minutes Micro, Small and Medium Enterprises (MSMEs) have borrowed in excess of Sh50 billion through digital lenders platforms (DLP) over a […]

Why your privacy is at digital lenders’ mercies customer’s

Reading Time: 4 minutes Harriet James @harriet86jim On April 20, 2021, I received a text message demanding that I pay a loan. I tried to […]

Digital banks ‘confused’ over new tax

Reading Time: < 1 minute Noel Wandera @NoelWandera5 Digital lenders still do not understand how the market tax will affect their lending service delivery. Digital […]