Digital lenders train sights on struggling small banks
American digital bank UMBA recently acquired a majority stake in Daraja, a deposit-taking microfinance bank.
Source: businessdailyafrica.com
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American digital bank UMBA recently acquired a majority stake in Daraja, a deposit-taking microfinance bank.
Key Microfinance plans four new branches as the lender rebrands to LOLC Kenya Microfinance following acquisition by LOLC Holdings Plc.
Ms Muiruri has 12 years of experience in pension management, investment banking and insurance.
The deal involves the creation of 31.486 million new class of shares priced at Sh7.54 each.
The deal involves the creation of 31.486 million new class of shares priced at Sh7.54 each.