CBK Releases List of 51 Licenced Digital Mobile Loan Apps
The Central Bank of Kenya (CBK) on Wednesday, March 6, released a list of an additional 19 licensed Digital Credit Providers (DCPs).
In a statement, CBK stated that this brought the number of accredited DCPs to 51 following the licensing of 32 DCPs announced in March 2023.
Further, CBK announced that it had received 480 applications since March 2022 and has worked closely with the applicants in reviewing their applications.ย
โAdditionally, CBK has engaged other regulators and agencies pertinent to the licensing process, including the Office of the Data Protection Commissioner,โ a statement from CBK read in part.ย
ALSO READ:
- Former Deputy President Rigathi Gachagua Reveals the Truth Behind His Impeachment
- Guatemalan and Salvadoran Troops Land for Haiti Mission
- Puzzle as Woman Is Found Dead in Mysterious Circumstances Close to Her Home
- Cross-Border Attack: Nigerian Gunmen Kill 5 Cameroonian Soldiers in Retaliation
- The Late KNCHR Chairperson Roseline Odede’s Illustrious Career, Awards & Legacy
List of Licenced Digital Credit Providers
- Enjoy Credit Limited
- Asante FS East Africa Limited
- Autochek Limited
- Azura Credit Limited
- Ceres Tech Limited
- Chapeo Capital Limited
- Chime Capital Limited
- Colkos Enterprises Limited
- Creditarea Capital Limited
- Decimal Capital Limited
- Dexintec Kenya Limited
- EDOMX Limited
- Extend Money Services Limited
- Factorhouse Limited
- Fezotech Kenya Limited
- Fortune Credit Limited
- Fourth Generation Capital Limited
- Get cash Capital Limited
- Giando Africa Limited (Trading as Flash Credit Africa)
- Inventure Mobile Limited (Trading as Tala)
- Jijenge Credit Limited
- Jumo Kenya Limited
- Kweli Smart Solutions Limited
- Letshego Kenya Ltd
- Lipa Later Limited
- Little Pesa Limited
- Lobelitec Credit Limited
- Maralal Ledger Limited
- Marble Capital Solutions Limited
- MKM Capital Limited
- MFS Technologies Limited
- M-Kopa Loan Kenya Limited
- Mwanzo Credit Limited
- My credit Limited
- MyWagepay Limited
- Natal Tech Limited
- Ngao Credit Limited
- Okolea International Limited
- Pezesha Africa Limited
- Pi Capital Limited
- Rewot Ciro Limited
- Risine Credit Limited
- Senti Capital Limited
- Sevi Innovation Limited
- Sokohela Limited
- Tenakata Enterprises Limited
- UbaPesa Limited
- Umoja Fanisi Limited
- Zanifu Limited
- Zenka Digital Limited
- Zillions Credit Limited
Central Bank of Kenya further revealed that scrutiny had been done to ensure that the loan providers adhered to the relevant laws.ย
Additionally, CBK ensures that the interests of customers are safeguarded.
โOther applicants are at different stages in the process, largely awaiting the submission of requisite documentation,โ CBK revealed.
โWe urge these applicants to submit the pending documentation expeditiously to enable completion of the review of their applications.โ
CBK Releases List of 51 Licenced Digital Mobile Loan Apps