How to use Mono with Lendsqr for credit scoring
Mono is on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses.
APIs for lenders to reduce NPL
The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write off an alarming amount of non-performing loans (NPL). As a lender, a big concern you’re often confronted with is “what if they don’t pay back?” It’s imperative to be able to recover your loans. This is […]
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.