M-Shwari takes 34pc share in digital credit

NCBA headquarters in Upper Hill, Nairobi. 

Photo credit: File | Evans Habil | Nation Media Group

NCBA-owned mobile lending platform M-Shwari tops the list of digital lenders controlling 34 percent market share, according to disclosures from the Competition Authority of Kenya (CAK).

The regulator’s data shows M-Shwari is followed by Fuliza at 25 percent, KCB M-Pesa at 15 per cent, Tala at 13 per cent, Branch at nine percent and others at four percent.

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Note: The results are not exact but very close to the actual.