Kenya's central bank governor calls for regulation of fintech lenders

Kenya's central bank governor calls for regulation of fintech lenders

6 years ago
Anonymous $CLwNLde341

https://www.reuters.com/article/us-kenya-fintech/kenyas-central-bank-governor-calls-for-regulation-of-fintech-lenders-idUSKCN1IU0N4

A boom in lending by financial technology (fintech) firms in Kenya has led to an increase in predatory lending practices, the country's central bank governor said on Tuesday, calling for the sector to be regulated.