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    Home ยป CBK Releases List of 51 Licenced Digital Mobile Loan Apps
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    CBK Releases List of 51 Licenced Digital Mobile Loan Apps

    ianBy ianMarch 6, 2024No Comments2 Mins Read
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    Illustration of a person receiving funds from mobile loan apps.
    Illustration of a person receiving funds from mobile loan apps.
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    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 

    โ€œAdditionally, 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 

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    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. 

    โ€œOther applicants are at different stages in the process, largely awaiting the submission of requisite documentation,โ€ CBK revealed.

    โ€œWe 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

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