Ten more digital lenders get the go ahead from regulator

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The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG

The Central Bank of Kenya (CBK) has licensed 10 more digital lenders bringing the number to 32 in a fresh round of approvals.

In January this year, a cumulative 22 digital credit providers had been licensed following the approval of 12 licensees in that month, as the sector regulator sought to increase scrutiny of the lending space.

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