Frequently Asked Questions about MFB license
FAQs

Frequently Asked Questions about MFB license

This FAQ is written for founders, operators, investors, and lending teams who are either planning to apply for a MFB license or already exploring what running one actually involves.

A1 Credit: Using digital channels to give loans to Nigerians and SMEs
Information

A1 Credit: Using digital channels to give loans to Nigerians and SMEs

A1 Credit is part of a growing shift in Nigeria’s lending space, where digital channels are being used to reach individuals and small businesses that traditional systems often overlook. By moving loan applications, verification, and disbursement online, lenders can respond faster to demand while working with limited credit histories and informal income patterns. This article looks at how A1 Credit approaches digital lending, the role of alternative data and automated decisioning, and what this means for Nigerians and SMEs seeking more accessible and responsive financing options.

5 reasons why most lenders don’t have access to GSI
How to

5 reasons why most lenders don’t have access to GSI

While we encourage CBN to fix these issues, lenders on Lendsqr can still access more reliable ways to collect loans from customers.