The Central Bank of Kenya (CBK) has announced the licensing of 42 additional digital lenders bringing the total number of approved lenders to 195.
In a statement on Tuesday, December 30, 2025, CBK said the move was in accordance with section 59 (2) of the CBK Act and followed the licensing of 27 DCPs in September 2025.
“The Central Bank of Kenya (CBK) announces the licensing of an additional 42 Digital Credit Providers (DCPs). This is pursuant to Section 59(2) of the Central Bank of Kenya Act (CBK Act). This brings the number of licensed DCPs to 195 following the licensing of 27 DCPs announced in September 2025,” read part of the statement.
The names of the new providers were posted on the CBK’s official website.
Digital Credit Providers (DCPs) are financial institutions that offer loans and credit services through digital channels such as mobile apps, websites, and USSD codes.
DCPs credit products range from education and development loans to short-term personal loans, asset financing, and business loans.
In 2022, CBK officially started regulating the providers, so as to ensure consumer protection and transparency. According the regulator over 800 applications have been received since March 2022, with many still under review pending the submission of the required documents.
As of November 2025, the licensed DCPs had issued 6.6 million loans valued at Sh109.8 billion.
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