Data Commissioner Hits Loan Apps With Ksh5 Million Fine

The ODPC disclosed that it had received around 150 complaints relating to Whitepath and its unethical practices.

Google Bars Loan Apps Accessing Contacts, Photos

The company's updated personal loans policy states that apps aiming to provide or facilitate personal loans may not access user contacts or photos.

The Digital Finance Services Association of Kenya wants the implementation of the Excise Duty Act as amended by the Finance Act 2022 suspended...

According to CBK, registration of digital credit providers "will facilitate smooth transition from an unregulated to a regulated environment."

The suspension of digital lenders from CRB reporting had seen a massive decline in the volumes of loans they issued. According to the...