Digital lending firm Tala has announced plans to reduce its workforce in Kenya as part of a broader global restructuring aimed at streamlining operations and centralizing key business functions. In a statement, the US-based fintech company said the exercise is expected to affect fewer than 10 percent of its employees …
Read More »CBK Licenses 42 Additional Digital Lenders, Raising Total to 195
The Central Bank of Kenya (CBK) has approved 42 more Digital Credit Providers (DCPs), increasing the number of licensed and regulated digital lenders in the country to 195. This latest approval follows the licensing of 27 DCPs announced in September 2025, underscoring the regulator’s ongoing drive to bring order to …
Read More »
The Lower Eastern Times Opening The Third Eye