Tech I&M Bank Kenya Promises Up To 10Mn in Unsecured Loans With New On-The-Go Banking I&M Bank Kenya has launched a revolutionary new mobile banking app that allows customers to open an account, get a By Anfernee OnamuAugust 9, 20230
Streaming Safaricom To Deploy Debt Collectors To Pursue Unpaid M-PESA Loans Safaricom will deploy debt collectors to pursue unpaid loans in its planned zero-interest credit service. A new Safaricom product called By Richard OkenyeJuly 12, 20220
Telcos Halal Pesa By Safaricom: Kenya’s First Shariah-Compliant Mobile Loan Product Safaricom and Gulf African Bank, a Shari’ah-compliant bank, have announced the launch of Halal Pesa, a Shari’ah-compliant mobile financing solution. A By Richard OkenyeMarch 30, 202211
Governance CBK Banned 624 Loan Firms From Sharing Client Data With CRBs The country’s banking regulator, the Central Bank of Kenya (CBK) is now reported to have locked out up to 624 By Dennis WaweruMay 28, 20210
Editorial How Your Phone Model and Missed Calls Could Be The Reason You Can’t Get A Loan Many companies that give a loan typically rely only on the information they gather from financial institutions. However, according to By Anfernee OnamuMay 16, 20210
Apps CBK Drafts New Bill That Puts Mobile Loan Lenders At Risk A newly proposed law now seeks to have digital mobile lenders a mandate to be licensed by the Central Bank By Dennis WaweruApril 28, 20210
Telcos New Partnership Allows Students To Access Their HELB Loans Via M-PESA Safaricom PLC has today teamed up with the Higher Education Loans Board (HELB) to launch a smart mobile payment solution By Dennis WaweruMarch 2, 20210
Governance HELB Plans To Loan Laptops To 60,000 University Students For Online Learning The Higher Education Loans Board (HELB) has announced its plans to provide at least 60,000 laptops to new government-sponsored students By Dennis WaweruDecember 7, 20200
Governance CBK Warns Kenyans Against Digital Loans Ahead of Festive Season The Central Bank of Kenya (CBK) has made known its plans of acting against digital lenders in a bid to By Dennis WaweruDecember 2, 20200
Web Culture Wazalendo Loan App On The Spot Over Insulting Responses To Negative Reviews Good reviews are essentially the way to my heart when it comes to purchasing items online, meeting people for the By Anfernee OnamuNovember 18, 20201
Governance Over 300 Loan Apps Blocked From Listing Defaulters On CRB Reports suggest that more than 337 unregulated digital mobile lenders and micro financiers have been barred from forwarding the names By Anfernee OnamuOctober 12, 20200
Governance CBK Directs Banks to List Loan Defaulters As Grace Period Lapses The Central Bank of Kenya (CBK) has opted to not extend the six-month suspension for listing loan defaulters with credit By Dennis WaweruOctober 1, 20200