SASRA Chief Executive Officer David Sandagi speaks during a past event./ courtesy

SACCO digital products rise 18pc as providers grow to 267

SACCOs increased their approved digital financial products from 345 in 2024 to 407 in 2025. The number of regulated SACCOs offering digital products grew from 236 to 267. SACCO agency networks expanded, with agents rising to 4,377 as more societies adopted agency banking services. Regulated savings and credit cooperative societies (SACCOs) in Kenya continued to…

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SASRA acting CEO
SASRA Acting CEO David Sandagi speaking during a past event, File image

SASRA urges SACCOs to strengthen oversight as digital financial services expand

The Sacco Societies Regulatory Authority (SASRA) has urged the Savings and Credit Cooperative Organizations (SACCOs) to strengthen oversight by reinforcing compliance, risk management, and regulatory reporting standards in the rapidly evolving digital financial services space. Speaking during a virtual sensitization forum bringing together more than 600 participants from regulated SACCOs,  Acting Chief Executive Officer (CEO)…

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