CBK’s slow licencing process is an existential risk for Kenyan digital lenders
Digital lenders in Kenya are facing a tough reality: obtain a hard-to-get licence from the Central Bank of Kenya (CBK) to remain operational or die slowly without it. Without a license, Google, in its role as a “super-regulator”, will not host their apps on Playstore. Kenyan digital lenders told TechCabal…
bubmagMarch 29, 2023