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Wire · regulatory

Kenya: Ex-CBK Governor Njoroge Wants Mobile Money Firms to Share Trust Fund Income

29 September 2026 · By · Wire by Fusion42

Published

29 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

Kenya

◆ Source

Read at allafrica.com →

◆ Verified

Fusion42 · 29 September 2026 · Fusion42 review

Former Central Bank of Kenya Governor Patrick Njoroge proposes regulatory changes requiring mobile money providers to share income generated from customer trust funds with wallet holders, along with stronger identity verification and consumer data protections in the digital payments sector.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Kenya is redefining how mobile money firms manage and share earnings from customer funds. You need to prepare for a regulatory environment that could open direct income streams from trust funds to users and demands tighter data controls.

◆ Coverage

1 source · 29 Sep 2026

◆ Related on Wire

◆ Topics

Fintechmobile-moneypayment-regulationconsumer-protectiondata-privacyfinancial-inclusion