Kenyans Borrowed Ksh. 109.8 Billion via Digital Lenders in 2025 as Cost Pressures Persist
Kenyan households borrowed Ksh. 109.8 billion via licensed digital lenders in 2025 as rising living costs drove demand for mobile loans, according to CBK data...
✨ Key Highlights
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.
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Capital.com Obtains CMA License as Uber Drops Visa Payments in Kenya - January 2026
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. In another significant shift in the Kenyan market, Uber has stopped accepting Visa card payments due to rising global payment processing costs. This change took effect in December 2025 and became more widespread in January 2026. These developments occurred in a market where Kenyans borrowed Ksh. 109.8 billion through licensed digital lenders in the first 11 months of 2025. This amount was distributed across more than 6.6 million loans. The borrowing data highlights a growing reliance on mobile-first financing solutions for quick liquidity.
