INTRODUCTION Digital lending in Kenya is not only growing but also becoming highly regulated as the Kenyan Government is taking a very strong stance on regulatory compliance and consumer protection matters. Not only are money lenders now required to be registered and licensed (which is a new development), they are also subject to stringent operational conditions and required to shun predatory practices, money laundering, misuse of customer data, unconscionable interest rates and other bad practices. One of our lawyers was in Kenya to study the regulatory requirements, costs, procedures and timelines for incorporation and licensing of a digital lending business … Continue reading HOW TO SET UP DIGITAL LENDING BUSINESS IN KENYA