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

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 following the coming into force of a law meant to regulate the sector. The new regulations published Monday by the country’s financial regulator, the Central Bank of Kenya (CBK), also requires digital lenders to get […]

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Source: Techcrunch

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