The Central Bank of Kenya (CBK) recently licensed an additional 19 Digital Credit Providers (DCPs), bringing the total of licensed operators to in Kenya 51. More notably, the list includes Tala, Pezesha, M-Kopa, and Lipa Later.

Following the enforcement of the CBK Amendment Bill, 2021, digital lenders in the country are policied by the CBK and have to adhere to various regulations. These regulations include licensing and are in place in part to enhance consumer protection, provide for credit information sharing, and enforce anti-money laundering and counter-terrorism measures.

The regulatory body reports that it has received 480 applications since March 2022. It has been working with the applicants and other regulatory agencies including the Office of the Data Protection Commissioner in the review process.

“Other applicants are at different stages in the process, largely awaiting the submission of requisite documentation,” CBK shares in a notice.

The following are the digital lenders currently licensed by the CBK to operate in the country:

  1. Anjoy Credit Limited
  2. Asante FS East Africa Limited
  3. Ceres Tech Limited
  4. Colkos Enterprises Limited
  5. EDOMX Limited
  6. Extend Money Services 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. Fortune Credit 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
  23. Okolea International 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
  33. Lipa Later Limited
  34. Lobelitee Credit Limited
  35. Kweli Smart Solutions Limited
  36. Maralal Ledger Limited
  37. Marble Capital Solutions Limited
  38. MKM Capital Limited
  39. Mycredit Limited
  40. Pi Capital Limited
  41. Zillions Credit Limited
  42. Decimal Capital Limited
  43. Dexintee Kenya Limited
  44. Factorhouse Limited
  45. Fezotech Kenya Limited
  46. Chime Capital Limited
  47. Colkos Enterpreises Limited
  48. Azura Credit Limited
  49. Autocheck Limited
  50. Chapeo Capital Limited
  51. Creditarea Capital Limited