Why Nigerian banks will never win the consumer credit game
Nigerian banks have never been equipped to win the consumer credit game. Their rigid lending practices, heavy collateral requirements, and deep-rooted aversion to retail risk keep everyday borrowers locked out. Fintechs are filling the gap with faster, more flexible solutions, while banks remain stuck in outdated models. Now that we know how important consumer credit is and why it matters, why are banks so ill-qualified to solve the problem?
The hidden cost of running multiple disjointed platforms
Every naira, pound, rand, or dollar spent on technology in lending should make loan processing, collections, and decision-making better.
Lendsqr brings its lending technology to Liberia’s non-profits and DFIs
Lendsqr is empowering Liberia's development sector by offering its world-class lending software for free to non-profits and DFIs. Automate your loan cycles and scale your impact to reach the informal sector across Liberia with ease.