The National Payment Systems Act is legislation in Kenya that governs payment systems, ensuring their safety, efficiency, and effectiveness.
Fintechs may finally get regulatory clarity as Kenya’s Central Bank reviews laws
The Central Bank of Kenya is preparing to review the Central Bank Act and the Banking Act. Consultants have been invited to assist in the review to strengthen digital banking and fintech regulations.
Kenya Central Bank to Amend Payment Systems Act To Allow Fintechs To Be Granted Licences
The CBK is preparing to amend its Payments Act to allow fintechs to be issued payment licenses. The proposed regulatory changes are expected to create a more conducive environment for fintech companies to operate legally and securely.
Kenya regulator plans to issue payment licences to fintechs
The Central Bank of Kenya (CBK) plans to grant payment licenses to fintech startups. Two Nigerian-born fintech companies, Flutterwave and Chipper Cash, are vying for licenses.
Kenya to issue payment licences: Flutterwave, Chipper Cash could be first in line
The Central Bank of Kenya (CBK) plans to issue payment licences to fintech startups. Flutterwave and Chipper Cash are two fintech companies hoping to be granted those licences.
