LIST OF 32 LENDING APPS OFFERING LOANS INSTANTLY.
Loan apps are a big thing in Kenya, and for good reason: they offer effortless credit to cash-strapped customers with no collateral, a move that has since proved very popular in the country.
The fact that customers can access this cash in a matter of seconds on their phones via M-PESA is also the primary reason why digital lenders have been making a killing.
As of the end of January 2023, only 22 loan apps had been approved to run their operations. The CBK says it had received over 380 applications and is still in the process of assessing them.
Now, the regulator has added 10 more loan apps to the approved list, meaning there are 32 licensed digital lenders in the country.
They are:
- Anjoy Credit Limited
- Asante FS East Africa Limited
- Ceres Tech Limited
- Colkos Enterprises Limited
- EDOMX Limited
- Extend Money Service Limited
- Fourth Generation Capital Limited
- Getcash Capital Limited
- Giando Africa Limited (Trading as Flash Credit Africa)
- Inventure Mobile Limited (Trading as Tala)
- Jijenge Credit Limited
- Jumo Kenya Limited
- Kweli Smart Solutions Limited
- Letshego Kenya Ltd.
- Little Pesa Limited
- MFS Technologies Limited
- M-Kopa Loan Kenya Limited
- Mwanzo Credit Limited
- Mycredit Limited
- MyWagepay Limited
- Natal Tech Company Limited
- Ngao Credit Limited
- Pezesha Africa Limited
- Rewot Ciro Limited
- Risine Credit Limited
- Sevi Innovation Limited
- Sokohela Limited
- Tenakata Enterprises Limited
- Umoja Fanisi Limited
- Zanifu Limited
- Zenka Digital Limited
Sourced from Tachweez
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