Kenya’s financial sector has seen rapid growth, especially in digital lending platforms. These platforms have revolutionized access to credit by offering quick, easy loans through mobile apps, reaching customers who may not use traditional banks.

Companies like Chapeo are leading this change, providing microloans, consumer finance, and virtual credit. Chapeo is set to become Kenya’s first digital platform offering revolving credit, making loans more flexible and accessible.

This growth in digital lending has also prompted new regulations to ensure transparency and protect consumers, highlighting Kenya’s commitment to a modern, inclusive financial landscape.