TA
Tala
CBK-licensed
Mobile loans up to KES 50,000 in minutes. CBK-licensed.
Visit TalaMogo vs Watu: which is right for you?
Mogo and Watu Credit both do asset finance in Kenya, but they target completely different vehicles. Mogo focuses on cars (used and new), with deposit-loan-installment structures sized for the salaried class. Watu Credit is the boda boda king, financing motorbikes for riders who pay in daily or weekly installments via M-PESA paybill. The product overlap is near zero; the comparison matters only when picking your category.
Mogo Auto Finance
lending,7034211
A Latvian-headquartered car-finance lender that built a strong used-car loan book in Kenya since 2018.
Detail pageWatu Credit
lending,650880
The dominant boda boda asset-finance lender in Kenya, financing tens of thousands of motorbikes a year.
Detail pageWhich is better for what
Quick guide by use case. Pick the row that matches your situation.
For financing a used or new car
Mogo is built for car loans. Standard deposit of 20 to 30%, terms 12 to 60 months, target salaried borrowers.
Mogo
For financing a boda boda motorbike
Watu Credit is the dominant boda boda lender. Daily or weekly installments via M-PESA paybill, designed for rider cash flow.
Watu
For commercial-vehicle finance
Mogo handles commercial and pickup vehicles. Watu is rider-only.
Mogo
For lowest-deposit entry into motorbike ownership
Watu often offers near-zero deposit for first-time boda boda riders, recovered via higher daily installments.
Watu
At a glance
| Mogo | Watu | |
|---|---|---|
| Sector | lending | lending |
| M-PESA paybill | 7034211 | 650880 |
| Detail page | View | View |
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Compare Mogo and Watu live
A small first transfer or loan application is the fastest way to see real all-in cost for your specific case.
BR
Branch
CBK-licensed
Mobile loans with credit-history building. CBK-licensed.
Visit BranchZN
Zenka Finance
CBK-licensed
First loan free, then competitive rates.
Visit Zenka FinanceCommon questions
What is Mogo's M-PESA paybill?
Mogo's M-PESA paybill is 7034211. Account number is your Mogo agreement number or vehicle plate.
What is Watu Credit's M-PESA paybill?
Watu Credit's M-PESA paybill is 650880. Account number is your Watu loan reference (your registered phone or loan ID).
Can Mogo finance a boda boda?
Mogo focuses on cars, not motorbikes. For boda boda finance, Watu is the dominant player.
What happens if I miss a Watu repayment?
Watu repossesses motorbikes for material default. Missed daily payments accrue penalty interest fast. Always communicate with their support before a default crystallises.
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