Is there BNPL in Kenya?
Mostly as wallet credit and device financing. Fuliza lent KSh 1.47 trillion to 17.7 million customers in the year to March 2026, and M-KOPA finances phones paid off daily. Lipa Later, the main checkout BNPL, entered administration in March 2025.
In detail
Mostly as wallet credit and device financing. Fuliza lent KSh 1.47 trillion to 17.7 million customers in the year to March 2026, and M-KOPA finances phones paid off daily. Lipa Later, the main checkout BNPL, entered administration in March 2025.
Wallet credit and device financing
Buy now, pay later in Kenya looks different from the checkout-button model. The biggest pay-later product is Fuliza, an overdraft on M-PESA that lets customers complete a payment when their balance is short. In the year to March 2026 it disbursed KSh 1.47 trillion to 17.7 million customers, up 49%, according to Capital Business. In October 2026 Safaricom extended it to small merchants with Fuliza ya Pochi. Devices are the second pillar: M-KOPA has served 4.8 million Kenyans with pay-as-you-go phones and solar systems, repaid in small daily M-PESA amounts.
Checkout BNPL
Safaricom and Airtel also sell smartphones on daily and weekly installment plans, and banks offer card installments for large purchases. Digital lenders keep multiplying, with 195 licensed digital credit providers in December 2025. The best-known checkout BNPL, Lipa Later, entered administration in March 2025 after failing to raise new funds, and buyers were still being sought in late 2025, so merchants rely mostly on wallet-based credit.
More detail in our #PayWorldTour guide Payment methods in Kenya.