We built Kolo to help you tame your bank accounts
The average Nigerian today has about three bank accounts, and most often than not, being able to see all bank balances across means juggling through bank apps, SMS alerts, email notifications. And when things go really bad, you start digging through pages of bank statements. Yet, even with these, it’s difficult to find everything. It’s […]
How we dumped SendGrid, built Mailer and solved our email delivery troubles
When we started Lendsqr, like every right thinking startup, we relied on SendGrid, which is well-regarded as one of the top email systems globally. While it served us well, as we grew, we found it didn't fully meet all our needs and those of our lenders anymore. After weighing the pros and cons, we knew it was time to find an alternative. So, we began building what the world would soon know as Mailer.
Legal compliance pitfalls lenders must avoid in Nigeria
Gone are the days of loan-sharking tactics in Nigeria's modern, regulated lending ecosystem. Lenders who hope to make a lasting impact and withstand the hurdles in this space must be prepared to toe the line of honest, legal and ethical lending. Else, they risk being booted out of the ecosystem. Stay out of trouble with these 10 legal compliance areas.
3 ways expense tracking can improve your financial health
Kolo Finance — a personal finance management tool — allows you to combine all your Nigerian bank accounts. With your permission, it can get transaction data from your emails and SMS and put it all together in an understandable manner.
How to use Mono with Lendsqr for credit scoring
One of these leading providers, Mono, is a technology company founded in 2020 by CEO Abdulhamid Hassan. They are on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses.
Best loan apps to get urgent 10,000 naira in Nigeria
In this article, we’ll explore the best loan apps in Nigeria to help you secure an urgent 10,000 naira quickly and easily so you can handle life’s unexpected challenges without the added stress.
The power of lending APIs
The lending sector is plagued by players reinventing the wheel but Lendsqr's lending APIs aims to break lenders free from this constraint.
The 3 best Freshdesk alternatives for customer management
People are looking for Freshdesk alternatives because when they need to upgrade their free plans, it is a pricey investment. Here are 3.
How we are using AI and ChatGPT to transform our internal support
We loaded all our existing knowledge base into our internal ChatGPT support system and the results were impressive!
3 alternative data to credit report for enhancing underwriting quality
Smart lenders must incorporate alternative data sources to improve underwriting and make more informed lending decisions.
7 reasons why most lenders fail within a year
Even the tech industry giants owe much of their success to the backing of lenders and bankers. However, despite its potential for high returns, many lenders still face challenges and fail.
3 best React Native alternatives for building mobile loan apps
In the world of mobile app development, there are many ways to skin a cat, and React Native is one of them.
What is loan fraud and red flags to spot fraudulent borrowers
Lending comes with its risks, and adding technology into the mix can make things even trickier. Loan fraud, in particular, has gotten pretty sophisticated, so lenders need to stay alert and watch out for common scams and sneaky tactics.
What are lending APIs and how do you get them?
Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.
Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
