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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. ....

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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. ....

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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 ....

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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 […] ....

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Treasury to pay part of defaulted mobile loans

Treasury to pay part of defaulted mobile loans
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