CBK approves 29 more digital lenders

Source: Citizen DigitalBy News Desk👁 36 views

Originally published by Citizen Digital — Read the original article →

The Central Bank of Kenya (CBK) has licensed an additional 29 digital credit providers, raising the number of regulated digital lenders in the country to 281.

The move comes after the licensing of another 25 digital credit providers in July, further expanding the number of lenders operating under CBK’s oversight.

The Central Bank noted that it had received more than 900 applications from digital credit providers since 2022.


Author: News Desk
Source: Citizen Digital

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