Capital.com Obtains CMA License as Uber Drops Visa Payments in Kenya

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.