Digital lenders in Kenya have disbursed a total of KES 500bn ($4.4bn) in mobile loans to households and small businesses over the past eight years, with eight million of them receiving the funds. The Digital Lenders Association of Kenya has rebranded as the Digital Financial Services Association of Kenya to attract more players in the digital lending space to deepen financial inclusion. DFSAK is looking to develop new digital financial services, such as digital insurance, digital savings plans and digital investment platforms.