The Central Bank of Kenya (CBK) on Wednesday, March 6, released a list of an additional 19 licenced Digital Credit Providers (DCPs).
In a statement, CBK stated that this brought the number of accredited DCPs to 51 following the licensing of 32 DCPs announced in March 2023.
Further, CBK announced that it had received 480 applications since March 2022 and has worked closely with the applicants in reviewing their applications.
“Additionally, CBK has engaged other regulators and agencies pertinent to the licensing process, including the Office of the Data Protection Commissioner,” a statement from CBK read in part.
List of Licenced Digital Credit Providers
Anjoy Credit Limited
Asante FS East Africa Limited
Autochek Limited
Azura Credit Limited
Ceres Tech Limited
Chapeo Capital Limited
Chime Capital Limited
Colkos Enterprises Limited
Creditarea Capital Limited
Decimal Capital Limited
Dexintec Kenya Limited
EDOMX Limited
Extend Money Services Limited
Factorhouse Limited
Fezotech Kenya Limited
Fortune Credit Limited
Fourth Generation Capital Limited
Getcash Capital Limited
Giando Africa Limited (Trading as Flash Credit Africa)
Inventure Mobile Limited (Trading as Tala)
Jijenge Credit Limited
Jumo Kenya Limited
Kweli Smart Solutions Limited
Letshego Kenya Ltd
Lipa Later Limited
Little Pesa Limited
Lobelitec Credit Limited
Maralal Ledger Limited
Marble Capital Solutions Limited
MKM Capital Limited
MFS Technologies Limited
M-Kopa Loan Kenya Limited
Mwanzo Credit Limited
Mycredit Limited
MyWagepay Limited
Natal Tech Limited
Ngao Credit Limited
Okolea International Limited
Pezesha Africa Limited
Pi Capital Limited
Rewot Ciro Limited
Risine Credit Limited
Senti Capital Limited
Sevi Innovation Limited
Sokohela Limited
Tenakata Enterprises Limited
UbaPesa Limited
Umoja Fanisi Limited
Zanifu Limited
Zenka Digital Limited
Zillions Credit Limited
Central Bank of Kenya further revealed that scrutiny had been done to ensure that the loan providers adhered to the relevant laws.
Additionally, CBK ensures that the interests of customers are safeguarded.
“Other applicants are at different stages in the process, largely awaiting the submission of requisite documentation,” CBK revealed.
“We urge these applicants to submit the pending documentation expeditiously to enable completion of the review of their applications.”