Digital Credit Lenders in Kenya: CBK Approval & Licensed Providers

Digital Credit Lenders

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

Digital Lenders Association of Kenya (DLAK)

Digital Lenders Association of Kenya (DLAK)

The Digital Lenders Association of Kenya (DLAK) is a non-profit organization that represents the interests of digital lending platforms in Kenya. The association was established in 2019 to promote responsible lending practices, protect the rights of borrowers, and advocate for a conducive regulatory environment for digital lending in Kenya. In this essay, we will discuss … Read more