About US
We are The Digital Credit Providers Association of Kenya (DCPAK)
We are The Digital Credit Providers Association of Kenya (DCPAK)
To build a dynamic, customer-focused, and transparent digital credit ecosystem in Kenya that fosters trust, accessibility, and financial inclusion for all stakeholders.
Upholding Integrity, driving Innovation, championing Inclusivity, and maintaining Accountability to ensure responsible, fair, and sustainable digital credit practices.
To promote ethical lending, regulatory compliance, consumer protection, and innovation in digital credit through collaboration and education.
The Digital Credit Providers Association of Kenya (DCPAK) is the national umbrella organization for fully licensed and regulated digital credit providers. DCPAK ensures that all members operate under the Central Bank of Kenya (CBK) guidelines, upholding standards of transparency, consumer protection, and responsible lending. As a key player in the digital lending ecosystem, DCPAK is dedicated to creating a secure, compliant, and innovative financial environment.
Vision: DCPAK strives to establish a robust, customer-focused, and transparent digital credit ecosystem that enhances financial inclusion and consumer trust across Kenya.
Core Values:
DCPAK works closely with key regulatory bodies to ensure that members comply with national laws and regulations. These partnerships help shape a fair and transparent digital credit market.
Primary Regulators Include:
Beyond regulatory bodies, DCPAK partners with donor organizations, private capital providers, banks, diaspora investors, and fintech associations to create a thriving and well-regulated digital credit environment.
DCPAK extends its operations through a network of local, regional, and global partnerships, fostering collaboration that supports the sustainable growth of licensed digital lenders. These partnerships promote:
DCPAK’s global outreach strengthens the digital credit sector by fostering mutually beneficial relationships that prioritize consumer protection, data security, and financial inclusion.
DCPAK represents a wide range of fully licensed digital credit providers, all regulated by the Central Bank of Kenya. This regulation guarantees safe, secure, and transparent lending practices for consumers.
Member Categories Include:
By ensuring that members are regulated, DCPAK safeguards borrowers from unregulated lenders and offers them transparent lending solutions tailored to their financial needs.
DCPAK promotes responsible borrowing through its collaboration with Credit Reference Bureaus (CRBs). This partnership allows members to:
DCPAK plays a pivotal role in Kenya’s digital credit industry by advocating for ethical standards, consumer protection, and compliance. It serves as a unified voice for licensed digital lenders, ensuring their representation in policy dialogues with the government and regulatory bodies.
DCPAK’s importance extends to:
DCPAK is committed to protecting consumers, promoting innovation, and advocating for the digital credit industry’s sustainable growth. Some of its key objectives include:
DCPAK provides numerous benefits to its members, empowering them to grow and thrive within a regulated, innovative, and secure industry. These benefits include:
DCPAK is dedicated to supporting its members by fostering an environment of trust, compliance, and innovation. Through collaboration, regulation, and continuous advocacy, the association is a key player in advancing the digital credit ecosystem in Kenya, ensuring that it is secure, inclusive, and consumer-friendly.
Membership Requirements:
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