Digital Lending
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News
Digital Lending in Kenya Thrives but Microloans Under Sh1,000 Show Skyrocketing Default Rates
Kenya’s digital lending boom has opened doors for millions, but the smallest loans are proving the hardest to recover. Central…
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News
Kenya and Nigeria Confront Digital Lending Risks with Contrasting Rules
Digital lending has exploded across Africa, offering instant credit through mobile phones to households, students, and small businesses. But the…
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News
Digital Lenders Push for Higher Licensing Threshold to Filter Speculators
A group of Kenya’s digital lenders is calling on the Central Bank of Kenya (CBK) to raise the licensing threshold…
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News
ODPC Moves to Revoke Licences of Rogue Digital Lenders Kenya Over Data Abuse
For many Kenyans, digital loans have become a lifeline—quick money for medical bills, school fees, or simply making it to…
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BUSINESS
Digital Lenders Under Scrutiny as CBK Flags Compliance Gaps in Fight Against Dirty Money
In recent years, digital lenders have become a lifeline for millions of Kenyans locked out of traditional banking. But a…
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BUSINESS
How AI Credit Risk Scoring in Kenya Is Changing Who Gets Loans and How Fast
AI credit risk scoring in Kenya is fast becoming the leading application of artificial intelligence in the country’s banking sector,…
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News
Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round
Ugandan fintech startup Numida has been in operation since 2017. The company has found its footing, offering customers loans ranging…
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