Kenyans borrowed a staggering Ksh. 109.8 billion through licensed digital lenders in the first 11 months of 2025, distributed across more than 6.6 million loans, highlighting the growing reliance on mobile-first financing solutions for quick liquidity.

• A total of Ksh. 109.8 billion was disbursed across over 6.6 million loans by licensed digital lenders between January and November 2025.
• The Central Bank of Kenya (CBK) data underscores the significant expansion of Kenya’s digital lending market.
• Faulu Bank has responded to this demand by expanding its instant mobile loans, allowing eligible customers to borrow up to Ksh. 100,000 via USSD code *339# or the Faulu DigiCash mobile app.
• Chief Executive Officer at Faulu Bank, Julius Ouma, emphasized that speed, convenience, and accessibility are now core expectations for financial services.

Uber has stopped accepting Visa card payments in Kenya, a significant shift attributed to rising global payment processing costs. This change, which took effect in December 2025 and became widespread in January 2026, highlights a restructuring of how global platforms operate in African markets.

• Uber confirmed the decision, citing global payment processing costs directly impacting their business.
• The move applies to both the Uber and Uber Eats platforms in Kenya, with users notified about the change.
• The primary beneficiary of this decision is M-Pesa, Safaricom's mobile money service, which offers local settlement and avoids cross-border charges.
• Other available payment alternatives include Mastercard, cash, and PayPal.
• Visa acknowledged the discontinuation, stating they are in contact with Uber to resolve the issue as soon as possible.

Global fintech trading platform Capital.com has been granted a regulatory license by the Capital Markets Authority (CMA) of Kenya, allowing it to operate as a licensed Dealing Online Foreign Exchange Broker in the country.

• The license, issued under number 244, authorizes Capital.com to offer regulated online forex and trading services to Kenyan clients.
• Capital.com has appointed Samwel Kiraka as Chief Executive Officer, Kenya, to lead its local operations.
• Capital.com emphasized its commitment to compliance, risk management, and transparency in its operations within Kenya.