The Bank of Ghana (BoG) has identified 20 mobile loan applications operating without the required licence or authorisation to provide digital credit services in Ghana.
The central bank said the move forms part of its ongoing efforts to sanitise the digital credit market and protect consumers from unlicensed lending activities.
In a public notice, the BoG said the identified loan apps are operating in violation of the Directive for Digital Credit Service Providers in Ghana, issued in September 2025.
The affected applications are Agile Loan, AmanaPay, CashWay, Foutou Credit, HastyCredit, InsCash, KudiNow, LendAura, Lever Credit, LoanGlide, NovaCedi, Palm Loan, PocketLoan, Rite Credit, SikaCare, SikaNow, Susu Loan, Taploan Up, Temivo Cedi and Zatuloan.
According to the BoG, the operations of the identified apps constitute significant breaches of customer data privacy, consumer protection requirements and other regulatory standards.
The central bank has therefore urged the public not to engage with unlicensed digital loan providers.
It has also cautioned banks, Specialised Deposit-Taking Institutions (SDIs) and Payment Service Providers (PSPs) against facilitating or processing transactions on behalf of unlicensed loan providers.
The BoG said it will continue to work with relevant state institutions to identify and investigate unlicensed digital credit providers and take appropriate enforcement action.
It said the exercise is aimed at safeguarding consumers while protecting the integrity, safety and stability of Ghana’s financial sector.
The central bank has further encouraged members of the public who become aware of the activities of unlicensed loan providers to report them to the BoG.
