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.
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:
- Absolute Credit Kenya Ltd
- Adroit Credit Limited
- Asap Credit Limited
- Aventus Technology Limited
- Avenews Ke Ltd
- AVL Capital Ltd
- Bimas Kenya Limited
- BRAC Kenya Company Limited
- East African Futures Company Limited
- Fabilo Credit Ltd
- Fantom Capital Limited
- Finberry Capital Ltd
- Finboom Credit Kenya Limited
- Frictionless Enterprises Limited
- Girls First Kenya Limited
- Granary Capital Limited
- Helium Credit Limited
- Kifedha Ltd
- Kikwetu Credit Ltd
- Leja Ltd
- Loan Plus Ltd
- Longitude Capital Limited
- Maxxton Enterprise Ltd
- Milhan Access Capital Limited
- Mkulima Pay Ltd
- Modesty Credit Ltd
- Moneza Ltd
- Nawiri African Sprouts Ltd (Fast Credit)
- Newark Frontier Limited
- Numida Technologies Limited
- Simbageld Ltd
- Sipranda Capital Ltd
- Spectrum Capital Ltd
- Spread Capital Ltd
- Steadfast Credit Ltd
- Tentacorp Holdings Limited
- Tinycost Credit Kenya Limited
- Truway Credit Limited
- Voncodes Capital Limited
- Zoe Credit Limited
- Zuri Credit Limited
