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Originally published by Capital Business
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business
July 14, 2026
1mo ago

CBK licenses 25 new digital lenders, pushes approved firms to 252

CBK licenses 25 new digital lenders, pushes approved firms to 252

NAIROBI, Kenya, July 14 – The Central Bank of Kenya (CBK) has licensed 25 additional Digital Credit Providers (DCPs), bringing the total number of approved digital lenders in the country…..

✨ Key Highlights

The Central Bank of Kenya (CBK) has licensed 25 new Digital Credit Providers (DCPs), increasing the total number of approved digital lenders operating in the country to 252.

  • A total of 252 digital lenders have now been licensed by the CBK.
  • The Central Bank of Kenya, led by Governor Kamau Thugge, is continuing a licensing process initiated in March 2022.
  • Licensed digital lenders had issued 8.4 million loans valued at Sh150.56 billion by May 2026.

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Part of the Day's Coverage

Kenya's Wealth Growth and Investment Trends Expand - July 2026

Kenya's dollar-millionaire population grew by 20% in 2026, according to the Knight Frank Wealth & Investment Trends report. Simultaneously, Kenyan high-net-worth individuals are increasingly prioritizing local investments over those in the United Kingdom and South Africa, driven by market familiarity and emerging opportunities. The Central Bank of Kenya licensed 25 new Digital Credit Providers, bringing the total approved digital lenders to 252. Additionally, the National Infrastructure Fund is seeking a new CEO to lead its Sh2 trillion infrastructure investment vehicle designed to fund major projects.

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