FCCPC regulations for digital lenders
Information

FCCPC regulations for digital lenders

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]

Breaking down the 3 R’s of credit and why they still matter
Lender information

Breaking down the 3 R’s of credit and why they still matter

The 3 R’s come in. Returns, Repayment capacity, and Risk-bearing ability shift the focus from merely assessing trustworthiness to examining the business as an investment opportunity.

5 reasons why a digital lender must have a loan app
Information

5 reasons why a digital lender must have a loan app

When starting as a digital lender, one is often faced with a big decision: Is an app a must-have or a pass? However, to truly hit it big, you need a loan app, and we have the reasons to guide you.