List of 32 Loan Apps Approved to Operate in Kenya

Loan Apps Kenya

Loan apps are a big thing in Kenya, and for good reason: they offer effortless credit to cash-strapped customers with no collateral, a move that has since proved very popular in the country. The fact that customers can access this cash in a matter of seconds on their phones via M-PESA is also the primary reason why digital lenders have been making a killing.

As of the end of January 2023, only 22 loan apps had been approved to run their operations. The CBK says it had received over 380 applications and is still in the process of assessing them.

Now, the regulator has added 10 more loan apps to the approved list, meaning there are 32 licensed digital lenders in the country.

They are:

1. Anjoy Credit Limited

2. Asante FS East Africa Limited

3. Ceres Tech Limited

4. Colkos Enterprises Limited

5. EDOMX Limited

6. Extend Money Service Limited

7. Fourth Generation Capital Limited

8. Getcash Capital Limited

9. Giando Africa Limited (Trading as Flash Credit Africa)

10. Inventure Mobile Limited (Trading as Tala)  

11. Jijenge Credit Limited

12. Jumo Kenya Limited

13. Kweli Smart Solutions Limited

14. Letshego Kenya Ltd.

15. Little Pesa Limited

16. MFS Technologies Limited

17. M-Kopa Loan Kenya Limited 

18. Mwanzo Credit Limited 

19. Mycredit Limited

20. MyWagepay Limited

21. Natal Tech Company Limited

22. Ngao Credit Limited

24. Pezesha Africa Limited

25. Rewot Ciro Limited

26. Risine Credit Limited  

27. Sevi Innovation Limited

28. Sokohela Limited

29. Tenakata Enterprises Limited

30. Umoja Fanisi Limited

31. Zanifu Limited

32. Zenka Digital Limited