List of Licensed Digital Lenders in Kenya May 2024
Here is a list of licensed
Source: techweez.com
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They were previously only required to register the businesses to begin operations in the country.
As of March 2023, only 32 Loan Apps have received license from the Central Bank. Google has gone ahead to delete unlicensed apps.
The latest batch now brings to 32 the number of digital lenders currently in operation in Kenya.
This brought the total number of approved DCPs to 32 following the licensing of 22 credit providers in January 2023.