Lendsqr introduces line of credit feature to give Tanzanians flexible access to credit
Press Release

Lendsqr introduces line of credit feature to give Tanzanians flexible access to credit

Tanzanian borrowers now have more flexibility! Lendsqr’s new Line of Credit feature allows users to access a continuous pool of funds. Draw what you need, repay, and reuse.

BVN is great, but here are 5 ways CBN can make it better
Industry Information

BVN is great, but here are 5 ways CBN can make it better

Creating BVN was a commendable first step, but if it doesn’t evolve with technology, it risks becoming  more bureaucratic than valuable.

5 issues that lenders have with Nigerian credit bureaus
Industry Information

5 issues that lenders have with Nigerian credit bureaus

Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didn’t have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]