Government wants to regulate digital loans

You are here » Home » Sci & Tech Kenya moves to regulate fintech-fuelled lending craze By Reuters | Published Mon, May 28th 2018 at 08:31, Updated May 28th 2018 at 08:57 GMT +3 SHARE THIS ARTICLE
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Now, a proliferation of lenders are using the same technology to extend credit to the banked and unbanked alike, saddling borrowers with high interest rates and leaving regulators scrambling to keep up.
This week, the finance ministry published …

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