Tag: Digital Lenders
Central Bank of Kenya Cracks Whip on Unregulated Digital Lenders By Denying Them CRB Access
Today, the Central Bank of Kenya has announced that they have terminated access to the credit reference bureaus (CRBs) to rogue mobile money lenders.
"With...
CBK to Initiate Tougher Rules On a Mostly Unregulated Digital Lending Platform
A couple of days ago, I was having a chat with a friend about the number of online lenders that have come up after...
Kenya’s Finance Ministry to Introduce Regulative Framework for Digital Lenders
The success of mobile lending apps is, admittedly, attributed to the foundation laid by M-PESA services. It is, perhaps, the primary factor that such...
