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Fake loan apps have in the recent past flooded the Kenyan market. The Digital Financial Services Association of Kenya asked borrowers to be wary of such apps. ....
Central Bank of Kenya approved the operation of ten more Digital Credit Providers on Monday, March 27, 2022, bringing the total number of licenced DCPs to 32. ....
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. ....