Lenders battle against fraudsters; a case for an industry blacklist
Industry Information

Lenders battle against fraudsters; a case for an industry blacklist

As digital lending surges in Nigeria, fraud has quietly become one of the industry’s biggest threats, with coordinated identity theft and serial loan defaulters overwhelming individual lenders who battle in isolation. The danger isn’t unique. Kenya offers a stark warning, with an estimated 3.2 million people blacklisted on the country’s TransUnion credit bureau. Without a unified industry blacklist to identify and curb repeat offenders, Nigerian lenders risk following the same path, continually staying several steps behind increasingly sophisticated fraudsters.

20 common implementation questions asked during demo
Lender information

20 common implementation questions asked during demo

At Lendsqr, these are the most common questions that come up during implementation discussions and how we respond.

How we built our URL shortener (Monstrator) as a replacement for Bitly
Product

How we built our URL shortener (Monstrator) as a replacement for Bitly

Monstrator stands as a testament to our in-house development capabilities, demonstrating our ability to solve critical business problems with custom-built solutions.