Before consumer protection laws were passed, any lender could run a digital credit business. Kenya has approved the operation of 17 new digital credit providers (DCPs), including Autochek – a car loan facility startup – one year after it licensed 32 digital credit providers. In a move signalling a crackdown on predatory practices, the Central…
The post Crackdown on unlicensed companies cuts digital creditors in Kenya to 51 appeared first on Content Krush.
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