CBK says only 10 out of 288 Digital lenders licensed so far

Central Bank Governor Patrick Njoroge at a post-Monetary Policy Committee meeting press briefing in Nairobi. [David Njaaga, Standard]

Only ten Digital Credit Providers have been licensed as of this morning, the Central Bank of Kenya (CBK) says.

According to CBK, the approval is in line with the law that requires all operating unregulated DCPs to apply for a licence within six months of the publication.