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.

Lendsqr launches in Tanzania with AI-powered voice and video analysis to expand access to credit for the informal sector
Press Release

Lendsqr launches in Tanzania with AI-powered voice and video analysis to expand access to credit for the informal sector

Lendsqr is bringing its AI-driven lending infrastructure to Tanzania! By utilizing advanced voice and video analysis, we are empowering local lenders to safely provide credit to the informal sector, driving financial inclusion across the nation.

Where and how to get an urgent 100,000 naira loan in Nigeria
How to

Where and how to get an urgent 100,000 naira loan in Nigeria

After reading this, whatever 99 problems Nigeria throws at you or your business, knowing where and how to get an urgent N100000 loan won't be one.