Digital Lending
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News
Kenya’s Digital Lending Market Grows Again as CBK Licenses 25 More Firms
The Central Bank of Kenya (CBK) has licensed 25 additional Digital Credit Providers (DCPs), raising the number of approved digital…
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News
Why the Future-Ready African Lender Starts With Better Data, Not Better Apps
The question facing Africa’s financial sector is no longer whether lending should be digital. Mobile-first credit, automated loan approvals and…
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News
Why Digital Lending Is Becoming a Lifeline for Kenya’s SMEs
Limited access to financing continues to be one of the biggest constraints facing small and medium-sized enterprises (SMEs) in Kenya,…
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News
Kenya Turns Attention to Consumer Protection as Digital Economy Expands
The Competition Authority of Kenya is stepping up scrutiny of online markets as policymakers weigh how to protect consumers in…
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News
Digital Loan Limits Under Scrutiny as Kenya Eyes New Lending Rules
Lenders in Kenya could soon be barred from raising a customer’s credit limit without first reviewing their current financial position,…
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News
Banks, Telcos and the Real Work of Financial Inclusion
In Kenya, the interface tends to get the attention. A payment goes through in seconds. A loan arrives before the…
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News
Borrowing Became Easy, Getting Out of Debt Became Harder
Kenya’s financial inclusion story has been told so often it now risks becoming background noise. Accounts are easier to open.…
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TRENDING
Tala Doubles Down on Trust and Technology to Reach 3 Billion Unbanked Adults
A new report backed by digital lender Tala has highlighted both a massive opportunity and a significant challenge in global…
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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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