List of 32 Loan Apps Approved to Operate in Kenya
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Source: techweez.com
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The Central Bank of Kenya (CBK) ]has announced the licensing of additional 10 Digital Credit Providers (DCPs), popularly known as digital lenders.
The Central Bank of Kenya has granted licenses to an additional 10 digital credit providers bringing the number of approved digital micro-lenders to 32.
The CBK has added 10 more loan apps to the approved list, meaning there are 32 licensed digital lenders in the country.
The recently licensed digital lenders are reporting significant growth in loan uptake on their platforms.