Digital Credit Lenders in Kenya: CBK Approval & Licensed Providers
Kenya’s digital lending sector has experienced exponential growth, driven by mobile technology and financial inclusion efforts. However, concerns over predatory lending and data privacy led the Central Bank of Kenya (CBK) to introduce strict regulations. Since 2022, Digital Credit Lenders (DCPs) must obtain CBK approval to operate legally. As of 2025, 85 digital lenders have been licensed, with hundreds more under … Read more