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Seeds Fincap secures over Rs 100 Cr in Series B led by Michael & Susan Dell Foundation

Seeds Fincap said it plans to use the latest funding to open more physical branches, hire field workers, and upgrade its risk tracking tools as it expands further into rural and semi-urban towns.

Seeds Fincap secures over Rs 100 Cr in Series B led by Michael & Susan Dell Foundation

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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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