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The Central Bank of Kenya (CBK) has licensed 10 Digital Credit Providers (DCPs), which brings the total number of licenced digital lenders to...
BT Reporter
The Digital Lenders Association of Kenya has rebranded to Digital Financial Services Association of Kenya (DFSAK) as the association reported disbursing over Ksh500...
BT Reporter
Tens of digital lenders in Kenya could be out of the market in six months after the Central Bank of Kenya (CBK) gazetted...
BT Reporter
In 2021, President Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license and oversee previously unregulated digital money lenders....
BT Correspondent
Digital Credit Providers (DCP) famously known as digital lenders or mobile loan apps have been given up to January 21, 2022, to register...
FRANCIS MULI
The suspension of digital lenders from CRB reporting had seen a massive decline in the volumes of loans they issued. According to the...
MARTIN SIELE
New Chairperson has previously served as a member of the board since the establishment of the association in 2019
BT Reporter
According to the survey 10% of households reported they are unable to service loans at all, with another 13.6% falling behind in payments.
BONIFACE KASEMBELI
17 major mobile lenders agree to put brakes on micro-loans collection during the Coronavirus outbreak period
BT Correspondent
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![A mobile loan app. [Photo: REUTERS/Thomas Mukoya]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/12/mobi.jpg?fit=680%2C450&ssl=1)
![Among other things, digital lenders have been accused of exploitative lending, debt shaming, money laundering and illegal mining of private customer data. [Photo/ Cathryn Virginia | NBC News]](https://i0.wp.com/businesstoday.co.ke/wp-content/uploads/2021/07/earnin.jpg?fit=680%2C381&ssl=1)
