Digital Lenders
Treasury Moves to Shield Kenyans from Predatory Digital Loans
The National Treasury has intensified efforts to regulate digital lenders and protect Kenyans from exploitation in the fast-growing credit market. Appearing before the...
SABRINA BT2 Mins read
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...
SABRINA BT2 Mins read
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...
JACKSON OKOTH2 Mins read
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...
SABRINA BT1 Mins read
Digital Loans Hit KSh 76.8 Billion, Attracting 27 More Lenders
Majority of this cash used to cater for school fees, projects, personal needs and purchase assetsÂ
JACKSON OKOTH1 Mins read
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...
BT Reporter1 Mins read
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...
BT Reporter1 Mins read
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...
BT Reporter1 Mins read
![A mobile loan app. [Photo: REUTERS/Thomas Mukoya]](https://businesstoday.co.ke/wp-content/uploads/2021/12/mobi.jpg)
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....
BT Correspondent3 Mins read
