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CBK licensing unlocks funding nightmare for digital lenders - Vimarsana News

CBK licensing unlocks funding nightmare for digital lenders

The licensing of digital credit providers by the Central Bank of Kenya (CBK) has opened the floodgates of new funding to the non-deposit taking entities.

👨🏿‍🚀TechCabal Daily - More digital lenders in Kenya - Vimarsana News

👨🏿‍🚀TechCabal Daily - More digital lenders in Kenya

The Central Bank of Kenya (CBK) has granted operating licences to 12 more digital lenders, bringing the total to 22. With 381 applications received since March 2022, the CBK also announced that it's evaluating more digital lenders. More in #TCDaily.

CBK grants licences to 12 more digital lenders - Vimarsana News

CBK grants licences to 12 more digital lenders

Among the newly licensed lenders are Tala, M-Kopa, Tenakata and Zanifu.

CBK Publishes List of 12 More Approved Mobile Lenders - Vimarsana News

CBK Publishes List of 12 More Approved Mobile Lenders

This brought the total number of approved DCPs to 22- following the licensing of 10 credit providers in September 2022.

Central Bank of Kenya Licenses 12 More Digital Credit Providers - Vimarsana News

Central Bank of Kenya Licenses 12 More Digital Credit Providers

The Central Bank of Kenya (CBK) has licensed 12 Digital Credit Providers (DCPs) bringing the number of licensed DCPs to 22