The Central Bank of Kenya has licensed 29 additional digital credit providers under the Central Bank of Kenya Act, increasing the total number of licensed providers to 281. The expansion follows the licensing of 25 providers announced in July 2026. The central bank has received more than 900 applications since March 2022, assessing applicants’ business models, consumer protection arrangements and the fitness and propriety of proposed owners and managers. As of August 2026, licensed providers had issued 9,596,509 loans worth KES 165.1 billion. Other applications remain under review, with many awaiting required documentation.
Central Bank of Kenya licenses 29 additional digital credit providers, bringing total to 281
The Central Bank of Kenya has licensed 29 additional digital credit providers, raising the total to 281. Licensed providers had issued about 9.6 million loans worth KES 165.1 billion as of August 2026, while other applications remain under review.