Tag: Mobile Loans
Competition Authority of Kenya to Probe Unregulated Mobile Phone Loan Industry
Government watchdog, the Competition Authority of Kenya (CAK) launched an inquiry to the digital credit market in the country.
They announced that they will investigate...
CBK is Prepping a Digital Lending Charter to Police Aggressive Mobile Lenders
The discussions around mobile lending apps and their overall benefit to the Kenya user have been explored exhaustively. The apps have been around for...
Recent Interest Hike Erodes KCB M-PESA Customer Loyalty
Mobile loans and mobile loans apps have been making a killing in the Kenyan over the last couple of years. Their growth has been...
Branch Revamps Referral Program, Rolls out Flexible Repayments to Entice New and Current Users
Branch, a popular digital finance services app that launched in Kenya in 2015 boasts having over 2 million customers in sub-Saharan Africa. Since launching in...
Digital Lenders to Cut Access to Loans to Customers with Multiple Online Credit Apps
The mobile lending space in Kenya has grown significantly. Every other month or week, a new mobile loan app finds its way into the...
Kenya Banking Charter Proposes Tough Regulations for Online Lenders
The growth of online mobile lenders is unique to Kenya for one primary reasons: mobile money services. Mobile loan apps have made a killing...
3 Easy Ways to Improve your Creditworthiness
Creditworthiness is how a lender determines how worthy you are to receive a loan and what loan amount you are eligible for. The journey to an excellent credit score is an intentional and tactical one.
NIC Bank Joins the Mobile Loan Bandwagon With New Product
NIC Bank has introduced mobile loans for its users. This means that customers can now access the insanely popular service via the lender’s mobile...
TECNO’s Parent Company is Coming for Branch, M-Pesa Pockets
With the growth of mobile money services in Kenya and around a few African countries it is only natural for any company with the...
This is Why Your Android Phone Isn’t Scoring You Loans
The growth of mobile loans in the local market has seen tremendous leaps as new institutions dive into such businesses to reap the benefits...
Barclays Bank’s Timiza App is Official with Instant Loans and Some Unique Extras
Mobile loan apps, payment gateways and other financial services that take advantage of mobile money services and deeper smartphone penetration have blown up in...
