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The Great Mogo Extraction: How a Latvian Fintech Built a Debt Trap for Kenya’s Most Vulnerable Borrowers and Got Away With It

TECHNOLOGYKENYA INSIGHTSMon, 08 Jun 2026
The Great Mogo Extraction: How a Latvian Fintech Built a Debt Trap for Kenya’s Most Vulnerable Borrowers and Got Away With It

A Thika courtroom just tore open the numbers. A class action represents thousands. A regulator has fined and been ignored. The Central Bank of Kenya has stayed silent. And a Latvian parent company celebrated record profi...

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