This year, Google Play Store adopted a new policy requiring loan apps in Kenya to be approved by the regulator, the Central Bank. This was meant to curb Kenyans from fraudulent loan apps. Earlier last year, the Central Bank had also required that these apps provide information on their sources of funds, to prevent bad players from illegal business … Read more
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
Kenya’s digital lending space continues to evolve, with new loan apps offering faster approvals, lower interest rates, and more flexible repayment terms than ever before. Whether you need emergency cash, business funding, or personal financing, these apps provide quick solutions directly to your M-Pesa account. In this guide, we’ll explore the best new loan apps in Kenya for … Read more