How to use myBankStatement with Lendsqr for credit scoring
myBankStatement gives lenders access to key financial data, helping them make more informed decisions with a clearer view of borrowers' financial profiles.
Top 5 loan apps for R1500 in South Africa
Weāve done the homework for you and compiled a list of five legitimate, user-friendly loan apps in South Africa, perfect for when you need a financial fix.
What Chamas and SACCOs can teach lenders about group lending
Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]