Tag: Tala
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Tala, M-Kopa, Letshego among 12 latest digital lenders licensed by CBK
Rose Gicheru
Central Bank of Kenya (CBK) has licensed 12 more digital lenders including Tala, M-Kopa, Zanifu and Letshego."This brings the number of licensed DCPs to 22 following the licensing of 10 DCPs announced in September 2022. CBK has received 381
Tala increases loan limit to KSh50,000 in line with customer demands
TV47
Digital financial services firm Tala has increased its loan limit from KSh30,000 to KSh50,000. The decision was inspired by the Tala’s MoneyMarch 2022 Report, which noted customers' desire to borrow more. Up to 78% of the f
Kenya inches closer to regulating digital lenders
Reuters
Kenya has moved a step closer to regulating digital lenders after a parliamentary committee backed a law giving the central bank power to regulate them following complaints from borrowers who can pay annualised interest rates of more than 100%.
ZENKA: Digital lending improves credit rating, opens millions of Kenyans to growth capital
TV47
Millions of Kenyans can now access microloans within minutes and consistently build-up their credit history that empowers financial inclusion and opens the doors to larger working capital facilities from other financial institutions, this is accor