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Risky borrowers to pay higher M-Shwari charges in new model

Safaricom and NCBA Group plan a new lending model with different charges based on the credit profile of customers.

William rutoJohn gachoraCentral bankBusiness dailyPresident william rutoSilicon valley backed talaM shwariJohn gachoraLacba bank

NCBA plans new M-Shwari company from banking unit

NCBA Group will spin out its financial technology (fintech) business which includes M-Shwari into a standalone company.

Amuru districtJohn gachoraCentral bankGoldman sachsJp morgan chaseIvory coastSilicon valley backed talaM shwari

Fintech firms ramp up investments in Kenya s microfinance space

Kenya’s microfinance banks are the target of fintech firms from abroad seeking to sidestep stringent regulatory perimeters for digital lenders

United statesPatrick njorogeUhuru kenyattaBranch international incCentury microfinance bankBranch international holding ltdCentral bankTechnology ltdBranch international ltdDaraja microfinance bank ltdCentral bank amendmentEast africanCentury microfinanceInternational holding ltdPresident uhuru kenyattaCentral bank amendment bill

Digital lenders in Kenya must disclose source of funds as new law takes effect – TechCrunch

Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same following the coming into force of a law meant to regulate the sector. The new regulations published Monday by the country’s financial regulator, the Central Bank of Kenya (CBK), also requires digital lenders to get […]

Yahui zhouUhuru kenyattaAigars kesenfeldsDevelopment financial institution dfisCentral bankFinancial institutionSilicon valley backed talaZenka financeChinese billionaire yahuiAnti money laundering

Treasury to pay part of defaulted mobile loans

Treasury to pay part of defaulted mobile loans
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Albert mwendaUhuru kenyattaCredit bankEconomic affairsState backed credit guarantee schemeTreasury albert mwendaPresident uhuru kenyattaSilicon valley backed tala

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