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 to use Flutterwave with Lendsqr for loan repayments
How to

How to use Flutterwave with Lendsqr for loan repayments

For smoother integration of Flutterwave with your Lendsqr account, reach out to our product support team with your Flutterwave API key.

How to get your USSD code as a lender in Nigeria
How to

How to get your USSD code as a lender in Nigeria

USSD code for lenders are available in two ways: either from the Nigerian Communications Commission (NCC) or through VASPs. Learn more.

How borrower behaviors have shifted under the threat of GSI
Industry Information

How borrower behaviors have shifted under the threat of GSI

GSI is making borrowers think twice before taking out loans, pay closer attention to the fine print of loan agreements, and more.

8 signs a borrower would default 
Industry Information

8 signs a borrower would default 

Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.

When is the right time to commence recovery as a digital lender
Industry Information

When is the right time to commence recovery as a digital lender

Recovery involves a shift in strategy compared to repayment or collection. It's about ethically stepping up efforts to retrieve what's owed to you, employing assertive tactics to ensure full repayment of the loan.

A lender’s guide to understanding risk assessment
Industry Information

A lender’s guide to understanding risk assessment

Without proper risk assessment, you're open to a slew of potential problems, like losing money, facing fines, damaging your rep, falling prey to fraudsters, and even cyberattacks.

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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7 best things the Central Bank has ever done for digital lending in Nigeria
Industry Information

7 best things the Central Bank has ever done for digital lending in Nigeria

The CBN has laid a strong foundation, but its work is far from over.

Lendsqr vs Loandisk: Which loan management software is right for you?
Company

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

Prioritize your loan business needs and goals when choosing between Lendsqr vs Loandisk, and you'll make the right choice.

How to use Lendsqr to build your BNPL app
How to

How to use Lendsqr to build your BNPL app

To build your BNPL app, first decide what kind of BNPL service you want to offer. Then, you need to set up as a lender on Lendsqr.

5 ways GSI should be improved by the Central Bank of Nigeria (CBN)
Industry Information

5 ways GSI should be improved by the Central Bank of Nigeria (CBN)

Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.

How to use TransUnion with Lendsqr for credit scoring
How to

How to use TransUnion with Lendsqr for credit scoring

To integrate TransUnion with your Lendsqr loan management software is a walk in the park because Lendsqr has gone ahead to do the heavy lifting.

How to set up CreditRegistry on Lendsqr
FAQs

How to set up CreditRegistry on Lendsqr

Fortunately, Lendsqr is fully integrated with the key credit bureaus across Africa — CRC, CreditRegistry, TransUnion, and FirstCentral, and you can get access to millions of data to help you make smarter credit decisions in a matter of minutes.