What Chamas and SACCOs can teach lenders about group lending
How to

What Chamas and SACCOs can teach lenders about group lending

Group finance has a reach that many fintechs still underestimate. In Kenya, SACCOs that operate under regulation reported 6.84 million members in 2023, a number that shows how much formal group lending has grown. Beyond that, informal savings groups called chamas are even more widespread. Estimates suggest there are around 300,000 active chamas, each managing […]

The risks and rewards of offering BNPL as a lender
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The risks and rewards of offering BNPL as a lender

Buy Now Pay Later has become one of the fastest-growing credit products, and lenders everywhere understand why.

5 best Paystack alternatives for card payment in Nigeria
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5 best Paystack alternatives for card payment in Nigeria

When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.