2
The Central Bank of Kenya has approved 15 new startups for its Embedded Finance Regulatory Sandbox, bringing the total to 25. The latest cohort includes e-commerce platforms offering BNPL, agritech apps providing input loans, and ride-hailing services with insurance at checkout. Companies must cap exposure at Ksh500 million and partner with licensed banks. The sandbox, launched in 2023, allows real-world testing for 12 months under CBK supervision. Early results show 92% customer satisfaction and low default rates. The CBK says embedded finance could add Ksh200 billion to credit access by 2026, especially for underserved SMEs and farmers.