Topic: Digital Credit Providers
Central Bank of Kenya grants additional licenses to 7 Digital Credit Providers
Jun 27, 2024 at 03:39 PM
Seven Digital Credit Providers have recently been granted licenses by the Central Bank of Kenya (CBK), marking a significant expansion in the regulatory framework for financial ser...
CBK flags 400 digital lenders operating illegally in Kenya offering predatory loans
Dec 04, 2023 at 10:17 PM
Central Bank of Kenya has revealed that there are an alarming 400 digital credit providers (DCPs) operating illegally amid concerns over digital lenders offering predatory loans....
Tala, Branch among 40 digital lenders facing sanctions for personal data breach
Oct 06, 2022 at 12:07 AM
Forty Digital Credit Providers (DCPs) are facing sanctions over complaints of the breach of their customers’ personal data....