Sound regulations spur innovation

The digital lending industry in Kenya is growing faster than many other traditional financial sectors and in the last 10 years, it has rapidly expanded to positively impact over 8 million Kenyans monthly.

Digital lending, also known as fintech, combines the core aspects of finance with technology to reduce the cost of doing business while at the same time reaching a much larger customer base in a more efficient and effective way.

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