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CBK licenses 29 more digital lenders, taking total to 281

NAIROBI, Kenya, Oct 1 – The Central Bank of Kenya (CBK) has licensed 29 additional digital credit providers (DCPs), bringing the number of regulated lenders in the sector to 281…

  • CBK authorizes 29 more digital credit providers, raising total to 281
  • Licensing expansion follows July approval of 25 DCPs
  • Since March 2022, CBK received over 900 digital credit license applications

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