Topic: Watu Credit
Watu Holdings profit plunges 85 per cent to Sh157m in 2024 on rising loan defaults
May 23, 2025 at 05:33 PM
Watu Holdings, a Nairobi-based lender best known for financing boda boda riders, saw its 2024 profits plummet by 85 per cent to Sh157 million—a stark reversal from the Sh985 mill...
Watu Credit spurs boda boda sector with nationwide donation of office equipment
Jun 10, 2024 at 11:54 AM
For improved operational efficiency of the boda boda sector in Kenya, Watu has initiated a nationwide donation of essential office equipment to boda boda county offices....
ERICK MASSAWE: Make EVs affordable to fast track adoption of e-mobility in Kenya
May 20, 2024 at 11:55 PM
The history of electric vehicles (EVs) stretches back surprisingly far....
Watu Credit defends its asset financing and business model amid probe by MPs
May 17, 2024 at 09:28 PM
Watu Credit has come out to defend its business model and operations in Kenya and defended its Buy Now, Pay Later (BNPL) as a product that augments financial inclusion....
Senate clears Watu Credit after probe into motorcycle theft, exploitation claims
Dec 19, 2023 at 05:06 PM
The Senate Assembly has cleared the embattled Watu Credit of any wrongdoing following its investigation into allegations of malpractice and exploitation in the Kenyan market....