List of CBK approved loan apps in Kenya

CBK Licensed Loan Apps in Kenya (Updated)

Digital mobile loan providers in Kenya must be licensed and regulated by the Central Bank of Kenya (CBK) before operating in the country. As of February 3, 2024, the CBK has licensed 33 digital loan apps to offer short-term loans to Kenyans seeking quick cash.

To earn CBK approval and a license, a loan app must demonstrate fair and responsible practices. This includes obtaining explicit and informed borrower consent before accessing their credit report and personal information. Additionally, the CBK regulates interest rates and fees to ensure they remain reasonable and within set limits.

Loan Apps in Kenya Approved and Licensed by the CBK (as of February 2024)

  1. Anjoy Credit Limited
  2. Asante FS East Africa Limited
  3. Ceres Tech Limited
  4. Colkos Enterprises Limited
  5. EDOMX Limited
  6. Extend Money Service Limited
  7. Fourth Generation Capital Limited
  8. Flash Credit Africa (Giando Africa Limited)
  9. Getcash Capital Limited
  10. Jijenge Credit Limited
  11. Jumo Kenya Limited
  12. Kweli Smart Solutions Limited
  13. Letshego Kenya Ltd.
  14. Little Pesa Limited
  15. M-Kopa Loan Kenya Limited
  16. MFS Technologies Limited
  17. Mwanzo Credit Limited
  18. Mycredit Limited
  19. MyWagepay Limited
  20. Natal Tech Company Limited
  21. Ngao Credit Limited
  22. Pezesha Africa Limited
  23. Rewot Ciro Limited
  24. Risine Credit Limited
  25. Sevi Innovation Limited
  26. Sokohela Limited
  27. Tenakata Enterprises Limited
  28. Umoja Fanisi Limited
  29. Zanifu Limited
  30. Zenka Digital Limited
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The CBK has received over 400 applications from other digital credit providers and is diligently reviewing them to ensure they meet regulatory requirements.

Disclaimer: This list is intended for informational purposes only and does not constitute financial advice. Please perform your own research and due diligence before using any loan app. The inclusion of a loan app on this list does not represent an endorsement by the author or this website.

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