Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers
Industry Information

Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers

Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger […]

How to use NIBSS with Lendsqr for loan repayments
How to

How to use NIBSS with Lendsqr for loan repayments

Using NIBSS' direct debit system on Lendsqr loan management software is easy, as it's natively integrated into the platform.

FCCPC regulations for digital lenders
Information

FCCPC regulations for digital lenders

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]