Frequently asked questions about open banking in Africa
This FAQ is written for people who are trying to make sense of how open banking affects real operations.
Lendsqr introduces liveness check to help Ugandan lenders reduce fraud.
Combat identity theft in Uganda with Lendsqr’s new Liveness Check! Our AI biometrics technology verifies that borrowers are real and present during applications, helping Ugandan lenders eliminate fraud and build a more secure credit system.
What do borrowers want from lenders?
Understanding what borrowers truly want goes beyond offering quick loans or competitive rates. Today’s borrowers value transparency, speed, flexibility, and a seamless digital experience. They want lenders who communicate clearly, offer fair terms, and provide support when it matters most. Meeting these expectations is not just about attracting customers, it’s about building trust, loyalty, and long-term relationships in an increasingly competitive lending market.


