The licensing of digital credit providers by the Central Bank of Kenya (CBK) has opened the floodgates of new funding to the non-deposit taking entities.
The Central Bank of Kenya (CBK) has granted operating licences to 12 more digital lenders, bringing the total to 22. With 381 applications received since March 2022, the CBK also announced that it's evaluating more digital lenders. More in #TCDaily.
CBK approves Tala to offer digital credit services capitalfm.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalfm.co.ke Daily Mail and Mail on Sunday newspapers.
CBK has issued a new round of approvals to 12 players in the lucrative digital loans market bringing the number of licensed digital lenders to 22 after 10 were cleared in September last year.