Digital Lenders

15 Articles
Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Licenses 42 More Digital Lenders Amid Consumer Protection Drive

The Central Bank of Kenya (CBK) has licensed 42 additional Digital Credit Providers, raising the total number of approved digital lenders operating in...

digita lenders vs saccos
BUSINESSSMART MONEY

SACCOs Widen Loan Offerings to Fight Off Digital Lenders

Savings and Credit Cooperative Societies (SACCOs) are busy digging in and expanding their product offering into digital and micro-credit loans to ward off...

The Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Approves 27 More Digital Lenders

The Central Bank of Kenya has licensed 27 more Digital Credit Providers, raising the total number of approved lenders in the country to...

digital loans in Kenya
ECONOMYSMART MONEY

Digital Loans Hit KSh 76.8 Billion, Attracting 27 More Lenders

Kenyans had accessed 5.5 million digital loans amounting to KSh 76.8 billion as at the end of June 2025. Majority of this cash...

Digital Lenders in Kenya
BUSINESS

CBK Licences 10 More Digital Lenders – Here’s The Full List

The Central Bank of Kenya (CBK) has licensed 10 Digital  Credit Providers (DCPs), which brings the total number of licenced digital lenders to...

R-L: Digital Financial Services Association of Kenya (DFSAK) chairman Kevin Mutiso, Parliamentary Committee on Finance and Planning chairman Hon. Francis Kimani Kuria during the rebrand and inauguration of the DFSAK board. Digital credit providers have disbursed Ksh 500 billion in mobile loans to small businesses and households over the last eight years.
BUSINESS

Digital Lenders Association Rebrands To Digital Financial Services Association Of Kenya

The Digital Lenders Association of Kenya has rebranded to Digital Financial Services Association of Kenya (DFSAK) as the association reported disbursing over Ksh500...

branch
BUSINESSMEDIA

Dįe Cast For Digital Lenders As CBK Gazettes Rules

Tens of digital lenders in Kenya could be out of the market in six months after the Central Bank of Kenya (CBK) gazetted...

A mobile loan app. [Photo: REUTERS/Thomas Mukoya]
BUSINESSOPINION

How Regulation Of Digital Lenders By CBK Will Benefit Players, Borrowers

In 2021, President Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license and oversee previously unregulated digital money lenders....

Central Bank of Kenya (CBK) Governor Paul Njoroge. In 2020, commercial banks restructured loans totaling Ksh1.38 Trillion.
BUSINESS

Writing On The Wall For Digital Lenders As CBK Swings To Action

Digital Credit Providers (DCP) famously known as digital lenders or mobile loan apps have been given up to January 21, 2022, to register...