Number of licensed digital lenders hit 152 as CBK licenses 27 new DCPs; full list

The Central Bank of Kenya (CBK) has licensed 27 new Digital Credit Providers (DCPs), in a bid to streamline lending activities in the financial technology space.

In an announcement on Thursday, CBK said the move brings the total number of licensed lenders to 153 following the licensing of 41 DCPs in June 2025.

“The Central Bank of Kenya (CBK) announces the licensing of an additional 27 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 153 following the licensing of 41 DCPs announced in June 2025,” a statement from CBK read.

Since March 2022, the regulator has received more than 700 applications with many still under review pending the submission of required documents.

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CBK has been engaging applicants on areas such as business models, consumer protection, and the integrity of proposed shareholders, directors, and management teams.

The engagements seek to ensure applicants comply with the law and that customer interests are safeguarded, citing past concerns about predatory lending practices, unethical debt collection methods, and misuse of personal data by unregulated players.

According to CBK, DCPs mostly issue loans digitally through USSD platforms, with products ranging from education and development loans to short-term personal loans, asset financing, and business loans. As of June 2025, licensed DCPs had granted 5.5 million loans valued at Sh76.8 billion.

Here is the full list:

1. Abito Limited
2. Aspire Lending Ltd
3. Ajax Credit Kenya Limited Aspire Lending Ltd
4. Bossrich Credit Limited
5. Brisk Credit Limited
6. Easy Asset Management Limited
7. Easyways Credit Limited
8. Elevate Credit Limited
9. Finseil Limited
10. Futureinno Digital Tech Limited
11. Hanis Capital Limited
12. Lasiri Capital Limited
13. Leaf Credit Limited
14. Little Limited trading as SpotIt
15. Mayflower Capital limited
16. Mednow Capital Limited
17. Moto Hope Capital Limited
18. Mwananchi Credit Ltd
19. Mular Credit Limited
20. Musoni Capital Limited
21. Otas Credit Limited
22. Platinum Credit Limited
23. Pembeni Cash Ltd
24. Reazilla DCP Limited
25. Suffice Ltd
26. Unidirect Ltd
27. Zaidi Pato Limited