List of Digital Lenders Denied CRB Access by Central Bank of Kenya

list of loan apps barred by CBK

central bank of kenya

Yesterday, the Central Bank of Kenya announced that they will bar unregulated mobile-based and credit only lenders from providing information to credit reference bureaus. This was due to numerous complaints the regulator received from the public from these unregulated lenders.

The question that people have right now is: Which lenders were denied access to the CRBs by the Central Bank?

We can tackle that by unofficially grouping these digital lenders into two broad groups: Regulated and unregulated.

Regulated digital lenders are the ones that are attached to regulated financial institutions like banks and microfinance institutions. These include Mshwari, Absa’s Timiza, KCB MPESA, Equity’s Eazzy Loan and the likes.

The unregulated digital lenders’ landscape is far much broader and they have been operating in a regulatory void. According to FSD Kenya, regulation of lending in Kenya is done by institutional form and not by activity. A majority of these digital credit providers do not take deposits, hence they are neither licensed or regulated.

According to FSD, there were approximately 110 mobile loan apps on the two main app stores from 74 unique developers as of September 2018. As of April 2019, 65 of these apps had been pulled down while 47 new ones developed by 43 unique developers. So we can safely say there are 92 digital loan apps as of April 2019 in the app stores and the number could be higher.

If we remove the list of bank and microfinance apps from this list (since they are regulated), you will remain with a list of unregulated digital loan apps that are available to consumers.

These are the top digital loan apps in Kenya and this list is not exhaustive. This list excludes apps from regulated institutions like banks and microfinance institutions. They are the apps that are most likely to be barred from sending your credit information to the CRBs.

  1. Tala
  2. Zenka
  3. Branch
  4. Okash
  5. Opesa
  6. Kashway
  7. LionCash
  8. i-Save Mobile
  9. Lendi mkopo
  10. Okoa Cash Loans
  11. Fuliza Branch
  12. Investor
  13. MB-Kash
  14. iPesa
  15. Kopa Jirani
  16. FlashPesa
  17. Zash Loan
  18. Okolea
  19. Kava Personal Loans
  20. Kua
  21. Palm Loans Kenya
  22. Afrika loans
  23. Mshiko Chap
  24. Kenya Quick Loan Shop
  25. Senti
  26. Hikash
  27. MKash Bee
  28. PesaFlash
  29. Peso Loans
  30. Carbon
  31. Hela Pesa
  32. Eazzy Loans
  33. Fululiza Senti
  34. Stawika
  35. Tajiri
  36. Loanika
  37. Saida
  38. Kuwazo
  39. Fair Money
  40. Lendy LOANS
  41. Umba (Formerly Mkopo Kaka)
  42. UbaPesa
  43. Okoa 0% Interest Loans
  44. Kash Pesa Loans
  45. Fair Branch: Instantly and Accuracy
  46. Top Loan Lenders
  47. HiCash Quick and Easy Loans to MPESA
  48. Loans Chap Chap
  49. Izwa Loans
  50. Fintech Loans
  51. Imarika Credit
  52. PesaPata
  53. Okolea Quick Loans
  54. M-KOPAY
  55. Okoa Pesa pap
  56. Kenya Quick Loans Market
  57. Instant Cash- Reliable Money
  58. Phedha Loans
  59. mKopa
  60. Duta
  61. Aspira
  62. Pezesha


  1. Kashway
    Imagine this credit company goes to phone privacy and makes a WhatsApp group to ask your friends to repay the loan….This kashway should be banned by CBK completely.

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