💳 We now support direct debit in loan invites and guarantor verification

💳 We now support direct debit in loan invites and guarantor verification

Hello there! 👋 Happy New Month and welcome to February ❤️, the month of love, growth, and fresh starts!  At Lendsqr, we’re here to ensure your hard work pays off. To support you, this month’s newsletter is packed with important updates designed to turbocharge your loan business. Here’s to a February filled with meaningful strides, […]

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.

FAQ on white-label app 
Company

FAQ on white-label app 

In this article, we’ll answer common questions lenders often have about the white-label app so you can understand exactly how it works and how it can fit into your lending operations.