LIST OF LICENSED DIGITAL CREDIT PROVIDERS IN KENYA

The Central Bank of Kenya (CBK) has announced the licensing of an additional 27 Digital Credit Providers (DCPs), bringing the total number of licensed DCPs to 85. This follows the previous licensing of 7 DCPs in June 2024. Since March 2022, CBK has received over 730 applications from DCPs and has worked closely with applicants, other regulators, and agencies, including the Office of the Data Protection Commissioner, to review applications and ensure compliance with relevant laws. This process focuses on business models, consumer protection, and the fitness and propriety of shareholders, directors, and management to safeguard customer interests.

Details of the 85 licensed DCPs are accessible on the CBK website. Remaining applicants are urged to submit the necessary documentation to complete their application reviews. Public reports on unregulated DCPs can be sent to dcps@centralbank.go.ke.

The need for licensing and oversight was driven by public concerns about the predatory practices of unregulated DCPs, such as high costs, unethical debt collection practices, and abuse of personal information.

List of Licensed Digital Credit Providers (Updated on September 30, 2024)

Here is the list of digital credit providers without their contact details:

1. Ambush Capital Limited (FlashPesa)
2. Anjoy Credit Limited
3. Asante FS East Africa Limited
4. Autochek Limited
5. Azura Credit Limited
6. Bytech Credit Limited
7. Ceres Tech Limited
8. Chapeo Capital Limited
9. Chime Capital Limited
10. Colkos Enterprises Limited
11. Creditarea Capital Limited
12. Decimal Capital Limited
13. Dexintec Kenya Limited
14. Dime Credit Limited
15. Dreamlife Technology Limited
16. ED Partners Africa Limited
17. EDOMX Limited
18. Ellegant Credit Limited
19. Extend Money Services Limited
20. Factorhouse Limited
21. Fahari Point Capital Limited
22. Fezotech Kenya Limited
23. Fincorp Credit Limited
24. Fortune Credit Limited
25. Fourth Generation Capital Limited
26. Getcash Capital Limited
27. Giando Africa Limited (Flash Credit Africa)
28. Hela Capital Limited
29. Inventure Mobile Limited (Tala)
30. Inspire Credit Limited
31. Ismuk Credit Limited
32. Jijenge Credit Limited
33. Jumo Kenya Limited
34. Kweli Smart Solutions Limited
35. Lenana Innovative Solutions Limited
36. Letshego Kenya Ltd
37. Lipa Later Limited
38. Little Pesa Limited
39. Lobelitec Credit Limited
40. LockBx Limited
41. Maralal Ledger Limited
42. Marble Capital Solutions Limited
43. MCF 2 Kenya Limited
44. Mint Credit Limited
45. MFS Technologies Limited
46. MKM Capital Limited
47. M-Kopa Loan Kenya Limited
48. Mogo Auto Limited
49. Momentum Credit Limited
50. Mwanzo Credit Limited
51. Mycredit Limited
52. MyWagepay Limited
53. Natal Tech Limited
54. Ngao Credit Limited
55. ODI Credit Limited
56. Okolea International Limited
57. Opal Quick Limited
58. Payablu Credit Limited
59. Pesaglow Capital Limited
60. Pesakuu Credit Limited
61. Pezesha Africa Limited
62. Phoenix Capital Limited
63. Pi Capital Limited
64. Premier Credit Limited
65. Puphik Credit Limited
66. Progressive Credit Limited
67. Radi Credit Limited
68. Rewot Ciro Limited
69. Risine Credit Limited
70. Senti Capital Limited
71. Sevi Innovation Limited
72. Simplepay Capital Limited
73. Siti Mobility Technologies Limited
74. Sokohela Limited
75. Sure Cred Capital Limited
76. Stride Credit Limited
77. Tanir Credit & Accounting Services Limited
78. Tenakata Enterprises Limited
79. Tip-Point Capital Limited
80. Treasure Store Limited
81. UbaPesa Limited
82. Umoja Fanisi Limited
83. Zanifu Limited
84. Zenka Digital Limited
85. Zillions Credit Limited

This information is credited to the Central Bank of Kenya’s press release: Licensing of 27 Additional Digital Credit Providers.