CBK licenses 32 digital lenders, total rises to 227 - April 2026

The Central Bank of Kenya (CBK) licensed an additional 32 Digital Credit Providers (DCPs), bringing the total number of approved lenders to 227 as it increases oversight of the sector. The Kenyan government has officially endorsed TouristTap, a new digital payment platform aimed at modernizing the tourism sector and improving revenue collection. Kenya's Department of Co-operative Development is facing criticism for its apparent lack of oversight in the significant financial troubles plaguing SIC Investment Co-operative, despite having a representative on its board.

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Wednesday 12:55 PMCapital BusinessFirst

CBK licenses 32 digital lenders, total rises to 227

The Central Bank of Kenya (CBK) has licensed an additional 32 Digital Credit Providers (DCPs), bringing the total number of approved lenders to 227 as it increases oversight of the sector.