Digital lenders in Kenya must disclose source of funds as new law takes effect

Digital credit providers (DCPs) in Kenya will have to disclose their sources of funds and provide evidence of the same after a law meant to regulate the sector came into effect. The new regulations published Monday by the country‚Äôs financial regulator, the Central Bank of Kenya (CBK), also require digital lenders to get a license … Continue reading Digital lenders in Kenya must disclose source of funds as new law takes effect