12 More Digital Lenders Licenses By CBK: Here’s The Full List


The Central Bank of Kenya (CBK) has licensed 12 Digital Credit  Providers (DCPs), bringing the number of licensed DCPs to 22 following the licensing of 10  DCPs announced in September 2022. 

CBK has received 381 applications since March 2022 and has worked closely with the applicants in reviewing their applications. Additionally, CBK has engaged other regulators and agencies pertinent to the licensing process, including the Office of the  Data Protection Commissioner. 

The focus of the engagements has been inter alia on business models, consumer protection and fitness and propriety of proposed shareholders, directors, and management.

“This is to ensure adherence to the relevant laws and importantly that the interests of customers are safeguarded. We acknowledge the efforts of the applicants and  the support of other regulators and agencies in this process,” CBK said.

Other applicants are at different stages in the process, largely awaiting the submission of requisite documentation.

“We urge these applicants to submit the pending documentation expeditiously to enable completion of the review of their applications,” added CBK.

Reports by the public on unregulated DCPs can be sent through dcps@centralbank.go.ke. The licensing and oversight of DCPs as indicated previously, was precipitated by concerns raised by the public about the predatory practices of the unregulated DCPs, and in particular, their high cost, unethical debt collection practices, and the abuse of personal information.

Here’s the full list of the licenced Digital lenders as of January 2023:-

  1. Ceres Tech Limited
  2. Getcash Capital Limited
  3. Giando Africa Limited (Trading as Flash Credit Africa)
  4. Jijenge Credit Limited
  5. Kweli Smart Solutions Limited
  6. Inventure Mobile Limited (Trading as Tala)
  7. Jumo Kenya Limited
  8. Letshego Kenya Ltd
  9. MFS Technologies Limited
  10. M-Kopa Loan Kenya Limited
  11. Mwanzo Credit Limited
  12. Mycredit Limited
  13. MyWagepay Limited
  14. Natal Tech Company Limited
  15. Ngao Credit Limited
  16. Pezesha Africa Limited
  17. Rewot Ciro Limited
  18. Sevi Innovation Limited
  19. Sokohela Limited
  20. Umoja Fanisi Limited
  21. Umoja Fanisi Limited
  22. Zanifu Limited

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