What is escrow-based lending?
At its core, escrow-based lending is a financial arrangement where a neutral third party holds funds, documents, or assets on behalf of both lender and borrower, and only releases them when predefined conditions are met.
Lendsqr launches offline lending to help lenders in South Africa go digital without internet barriers
Lendsqr is breaking down connectivity barriers in South Africa with its new offline lending feature. Lenders can now process loans and manage customers without a constant internet connection, ensuring financial inclusion never stops.
How Lendsqr is using AI to transform its processes
Lendsqr, like many forward-thinking companies, has embraced AI to transform several aspects of our operations. Let's take a closer look at three key areas where AI has made a significant impact