Is Mogo Auto licensed by CBK in Kenya? (2026)

Yes. Mogo Auto Ltd is listed in the Central Bank of Kenya register of non-deposit-taking credit providers, licensed 27 June 2024. What that means under the 2024 legal reform and what it does not mean for asset finance pricing.

by Arnold Ochieng Reviewed by Michael Mwangi 8 min read Updated 26 August 2026Verified 26 Aug 2026

The short answer

Yes. Mogo Auto Ltd appears in the Central Bank of Kenya register of non-deposit-taking credit providers, with a licence date of 27 June 2024 [Source 1]. Mogo was among the earlier tranche of asset financiers to be licensed under the reformed regime.

Why the 2024 date matters

Before 27 December 2024, when the Business Laws (Amendment) Act No. 20 of 2024 came into force [Source 2], asset financiers like Mogo, Watu, and M-KOPA operated outside the CBK perimeter in the sense that no specific non-deposit-taking credit licence existed for them. They operated as commercial credit providers under general company law.

The 2024 Act changed that. It replaced "digital credit business" with "non-deposit taking credit business" in the CBK Act and expressly covered asset financing, PAYGo, and BNPL. Section 33S set unlicensed operation as a criminal offence punishable by up to 3 years imprisonment or KES 5 million.

Mogo's licence date of 27 June 2024 sits within the early wave that CBK processed. For the full context on the reform, see what the 2024 law changed for asset financing in Kenya.

What being CBK-licensed means for Mogo customers

Three practical protections attach to a licensed lender:

Code of Conduct compliance. The CBK Digital Credit Providers Code of Conduct, extended to non-deposit-taking credit providers under the 2024 amendments, prohibits debt-shaming, calling third parties in the borrower contacts, threatening violence, and misrepresenting a debt as owed to a court [Source 3].
Complaint route. If Mogo does not resolve a grievance, the borrower can escalate to CBK Consumer Protection on 0800 720 000, then to court.
Ongoing supervision. A licensed lender must maintain compliance to retain the licence; unresolved breaches can lead to sanctions.

What it does not do

A CBK licence does not cap the rate Mogo can charge on a boda, a car, or a logbook loan. Pricing is set at contract and not rate-regulated. For the honest scoping of what licensing does and does not do, see why CBK licensing matters if you are borrowing. For the pricing arithmetic that applies across the boda finance category, see the boda boda financing real cost methodology.

Context: how many are licensed

As of the CBK July 2026 press release, 252 non-deposit taking credit providers have been licensed out of more than 800 applications received since March 2022 [Source 4]. Mogo Auto Ltd is one of them.

How to verify Mogo yourself

Open the CBK non-deposit taking credit providers register (verify against CBK's own site).
Search for the exact registered name: Mogo Auto Ltd.
Confirm the licence date (27 June 2024).
Cross-check with the paybillke CBK Licence Checker.

For the general playbook, see how to check if a lender is licensed in Kenya, in 2 minutes.

Practical implications for a Mogo borrower

If a Mogo field agent calls your employer to disclose your loan status, that is a Code of Conduct breach and you have grounds for a formal complaint via the ladder above. If a Mogo field agent moves to repossess on the terms in your contract, that is contractually permitted and there is no regulator relief. See your rights under the CBK Code of Conduct for the full protections and the shortfall guide if you are in the middle of a repossession.

Sources appendix

Central Bank of Kenya. Register of non-deposit-taking credit providers, April 2026 publication. Mogo Auto Ltd, licensed 27 June 2024.
Business Laws (Amendment) Act No. 20 of 2024, Republic of Kenya. In force 27 December 2024. Section 33S penalties for unlicensed non-deposit-taking credit business.
Central Bank of Kenya. Digital Credit Providers Code of Conduct, issued alongside the 2022 regulations, extended to non-deposit credit providers under the 2024 amendments.
Central Bank of Kenya press release, July 2026, citing 252 licensed non-deposit taking credit providers from more than 800 applications received since March 2022.

FAQ

Is Mogo Auto licensed by CBK?

Yes. Mogo Auto Ltd is listed in the Central Bank of Kenya register of non-deposit-taking credit providers, licence date 27 June 2024, per the CBK April 2026 publication.

Was Mogo licensed before 2024?

No specific CBK licence was required for asset financiers before the Business Laws (Amendment) Act No. 20 of 2024 came into force on 27 December 2024. Mogo was among the earlier asset financiers to receive a licence under the new regime, dated 27 June 2024 for early-tranche processing.

What does the CBK licence require of Mogo?

Compliance with the CBK Digital Credit Providers Code of Conduct as extended to non-deposit credit providers under the 2024 amendments, including prohibitions on debt-shaming, third-party contact, threats, and misrepresentation of debt as a court judgment.

Does the licence cap Mogo interest rates?

No. CBK licensing is about consumer protection process, not price. Mogo pricing on boda and logbook finance is disclosed in the loan documents at signing and is not rate-capped by the licence.