Mogo’s Sh9 billion funding base fuels expansion into smartphone and vehicle financing

In brief

Kenya’s consumer credit market is expanding beyond conventional mobile loans into financing for motorcycles, vehicles and electronic devices, creating opportunities for lenders that can fund purchases through instalment-based arrangements. Mogo Kenya is building its business around this model, having grown its loan book to Sh15.9 billion by June 2026 after disbursing Sh9.2 billion in the …