Paystack a Nigerian modern online payment platform has received the green light from the Central Bank of Kenya to commence operations in Kenya. The company which was acquired by Stripe back in 2020 has announced that the Central Bank of Kenya (CBK) has authorized it to operate as a Payment Service Provider in Kenya. ‘’We’re […]
The Central Bank of Kenya(CBK) has directed unregulated digital lenders to cease operations in the country following the lapse of the 6-month registration period that required them to comply with the Digital Credit Providers regulations. Under the regulations, all digital lenders were expected to apply for licenses from the banking regulator before September 17. Gazettement […]