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CBK licenses 41 new digital lenders; see full list

The Central Bank of Kenya (CBK) has announced the licensing of 41 additional Digital Credit Providers (DCPs), bringing the number of authorised lenders to 126.

In a statement dated Thursday, June 5, CBK said the move is in line with Section 59(2) of the Central Bank of Kenya (CBK) Act and follows the licensing of 27 providers in October 2024.

“The Central Bank of Kenya (CBK) announces the licensing of an additional 41 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 126 following the last licensing of 27 DCPs announced in October 2024,” read the statement in part.

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The apex bank said it has received over 700 applications since March 2022 and has worked closely with applicants in reviewing their eligibility.

“Other applicants are at different stages in the process, largely awaiting the submission of requisite documentation,” it said.

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The new license credit providers are:

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  1. Absolute Credit Kenya Ltd
  2. Adroit Credit Limited
  3. Asap Credit Limited
  4. Aventus Technology Limited
  5. Avenews Ke Ltd
  6. AVL Capital Ltd
  7. Bimas Kenya Limited
  8. BRAC Kenya Company Limited
  9. East African Futures Company Limited
  10. Fabilo Credit Ltd
  11. Fantom Capital Limited
  12. Finberry Capital Ltd
  13. Finboom Credit Kenya Limited
  14. Frictionless Enterprises Limited
  15. Girls First Kenya Limited
  16. Granary Capital Limited
  17. Helium Credit Limited
  18. Kifedha Ltd
  19. Kikwetu Credit Ltd
  20. Leja Ltd
  21. Loan Plus Ltd
  22. Longitude Capital Limited
  23. Maxxton Enterprise Ltd
  24. Milhan Access Capital Limited
  25. Mkulima Pay Ltd
  26. Modesty Credit Ltd
  27. Moneza Ltd
  28. Nawiri African Sprouts Ltd (Fast Credit)
  29. Newark Frontier Limited
  30. Numida Technologies Limited
  31. Simbageld Ltd
  32. Sipranda Capital Ltd
  33. Spectrum Capital Ltd
  34. Spread Capital Ltd
  35. Steadfast Credit Ltd
  36. Tentacorp Holdings Limited
  37. Tinycost Credit Kenya Limited
  38. Truway Credit Limited
  39. Voncodes Capital Limited
  40. Zoe Credit Limited
  41. Zuri Credit Limited

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