Central Bank Licenses 27 Digital Lenders in Kenya

Kenya’s Central Bank has issued 27 new licenses to Digital Credit Providers (DCPs), bringing the total number of regulated institutions to 153. This announcement, made on September 5, 2025, follows a trend of increasing regulation within the country’s thriving digital lending sector. DCPs are playing a crucial role in financial inclusion by providing credit solutions through mobile channels like USSD and apps, ranging from short-term loans to business funding for small and medium enterprises.