The Bank of Ghana (BoG) has published a list of 20 unlicensed digital credit service providers operating in Ghana.
The BoG, in efforts to intensify its crackdown on illegal digital lending, warned Ghanaians against engaging with 20 unlicensed loan apps.
On Monday, 3, 2026, the BoG issued a public notice warning that the entities continue to offer digital loans to Ghanaians through mobile applications and other digital platforms without the required licence or authorisation.
According to the BoG, the practice breaches the Directive for Digital Credit Service Providers in Ghana, which took effect in September 2025.
See the BoG list of unlicensed loan applications as follows;
- Adamfo Loan
- Agyapacredit
- Amanfi Loan
- Arco Cash
- Aya Lend
- Bucks Now
- CediGo
- CGrab
- DumboCash
- FCash
- Gh Loans
- Gh Loans Pro
- Hasty Credit
- Newgry Money Tree
- Omanpesa
- PoPoCedi
- Ready Money
- Sika Tap
- Sikapa Loan
- Zigwe Loan
“The general public is therefore strongly advised not to engage with unlicensed loan providers. Banks, Specialised Deposit-Taking Institutions (SDIs), and Payment Service Providers (PSPs) are also cautioned against facilitating or processing transactions on behalf of unlicensed loan providers”, the statement added.
“The general public is therefore strongly advised not to engage with unlicensed loan providers. Banks, Specialised Deposit-Taking Institutions (SDIs), and Payment Service Providers (PSPs) are also cautioned against facilitating or processing transactions on behalf of unlicensed loan providers”, the statement added.
In other news, the Bank of Ghana (BoG) has issued a public notice warning Ghanaians against rejecting the 1 pesewa, 5 pesewa, GHC1, and GHC2 coins.
The BoG, in its statement, disclosed that the rejection of Ghana coins is a criminal offence.
According to the BoG, they have taken notice highlights widespread rejection of small-denomination Cedi coins (1-50 pesewas, GH¢1 and GH¢2) by traders, transport operators, and businesses.
They stressed that all coins issued by the Bank remain valid legal tender under Ghanaian law, with no discretion allowed for unilateral refusal based on inconvenience or value.
The BoG warned that refusing coins or aiding such refusal constitutes an offence punishable by up to three years’ imprisonment.
See the post below:
Notice: Unlicensed Digital Credit Services Providers. pic.twitter.com/BtSzH5fyh5
— Bank of Ghana (@thebankofghana) August 3, 2026
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