Kenya’s Crackdown on Unlicensed Digital Lenders Reduces Market to 51 Approved Providers
The digital lending industry in Kenya has undergone a significant transformation, with the number of licensed digital credit providers (DCPs) now standing at 51. This follows a strict regulatory crackdown by the Central Bank of Kenya (CBK) to address widespread concerns over predatory lending practices. The CBK recently approved 17 new DCPs, including Autochek, a […]
