We built Kolo to help you tame your bank accounts
Company

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
Company

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
Industry Information

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.

How we built Oraculi to help lenders make informed decision
Company

How we built Oraculi to help lenders make informed decision

At the core of any loan management software is a decisioning system that helps a lender decide whether a loan should be given. Ours? Oraculi.

6 common misconceptions about using GSI for loan recovery
How to

6 common misconceptions about using GSI for loan recovery

GSI can be triggered on customer's accounts when they don't pay their loan. Not true!

The 5 best Freshchat alternatives for in-app chat for lenders
Information

The 5 best Freshchat alternatives for in-app chat for lenders

Lendsqr already integrates with Freshchat for seamless chat support – but are there other Freshchat alternatives that offer even more flexibility for lenders?

Requirements for publishing your Nigerian loan apps into the Google Play Store
FAQs

Requirements for publishing your Nigerian loan apps into the Google Play Store

While there are many options, only two stores compete. Today, let's explore the requirements of one of them: Google Play Store.

What are virtual accounts and how do they work?
FAQs

What are virtual accounts and how do they work?

From understanding their inception to deciphering their inner workings, come with us as we explore the ins and outs of virtual accounts especially in Nigeria. 

Lendsqr vs Evolve Credit: Which loan management software is right for you?
Industry Information

Lendsqr vs Evolve Credit: Which loan management software is right for you?

Due to the abundance of available choices, selecting the right loan management platform, be it Evolve Credit or Lendsqr, requires careful consideration.

Make Better Informed Decisions

Our decision model Oraculi helps you handle all modules required to form the decision model for your lending business, convenient and easy.

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The 5 best AWS alternatives for lending cloud infrastructure
Industry Information

The 5 best AWS alternatives for lending cloud infrastructure

When it comes to cloud infrastructure service providers, Amazon Web Services (AWS) is the global leader. But is AWS the only cloud solution available?

How to use myBankStatement with Lendsqr for credit scoring
How to

How to use myBankStatement with Lendsqr for credit scoring

The goal is to understand an individual's cash flow and overall financial capacity. Bank statements ideally offer the most granular data for this assessment.

The 4 best Monnify alternatives for virtual accounts
How to

The 4 best Monnify alternatives for virtual accounts

Even with Monnify’s solid reputation, you may have specific business needs, pricing differences or want specific features so your business might benefit from exploring other options.

How to spot risky loan guarantors and protect yourself as a lender
How to

How to spot risky loan guarantors and protect yourself as a lender

A loan guarantor is basically like a secondary borrower. If they can't pay up when the borrower defaults, then having them as a guarantor is pointless.

6 practical tips to reduce loan processing times
How to

6 practical tips to reduce loan processing times

Fast loan processing doesn’t mean approving all loan requests, but deciding if a loan should be approved or not shouldn’t take forever.

5 best Paystack alternatives for card payment in Nigeria
Finance

5 best Paystack alternatives for card payment in Nigeria

When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.