MP Calls for Investigation into ‘Buy Now, Pay Later’ Companies Amid Borrower Exploitation Claims
“Buy Now, Pay Later” (BNPL) companies are facing scrutiny for allegedly exploiting Kenyan borrowers. Kigumo MP Kamau Munyoro recently submitted a petition to Parliament, urging an investigation into BNPL schemes. As a member of the National Assembly’s Finance and National Planning Committee, he raised concerns after a constituent lost a motorcycle despite paying Kes. 250,000…