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Fintech firms scramble for microfinance space

Foreign firms have bought a majority stake in two local fintechs

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by Seth Onyango for bird story agency

News10 August 2022 - 11:25
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CBK Governor Patrick Njoroge

Microfinance banks are increasingly the target of foreign fintech firms seeking to sidestep stringent regulatory perimeters for digital lenders amid African banks' digital transformation efforts

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