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LendPlus Kenya
Information by Research TrustFinance
LendPlus was a digital financial service company operating in Kenya that provided quick, unsecured mobile loans through its smartphone application. The company's mission was to leverage technology and smartphone data to offer accessible credit to financially underserved and unbanked populations. The service was designed for simplicity, allowing users to apply for and receive loans directly on their mobile phones within minutes. However, the company is not currently licensed by the Central Bank of Kenya, which is now a mandatory requirement for all digital credit providers in the country.
Kenya
Industry
Financial