Digital firms have in recent years flooded the local market, attracted by the demand for quick credit that does not require collateral.

Tala, Branch Miss Out Of The 10 Digital Lenders Licensed By CBK

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 […]
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