Why Nigerian banks will never win the consumer credit game
Nigerian banks have never been equipped to win the consumer credit game. Their rigid lending practices, heavy collateral requirements, and deep-rooted aversion to retail risk keep everyday borrowers locked out. Fintechs are filling the gap with faster, more flexible solutions, while banks remain stuck in outdated models. Now that we know how important consumer credit is and why it matters, why are banks so ill-qualified to solve the problem?
💡 Give your customers flexible access to funds with overdraft
Hello there! 👋 Happy new month and welcome to September! 🌞 Two thirds of the year are already behind us. Back in January, many of us set ambitious plans and goals; September is the time to bring those intentions full circle, measure results, and push forward to finish strong. 💪 For us at Lendsqr, it’s […]
How the new FCCPC rules will reshape digital lending in Nigeria
Discover key insights from our webinar on the new FCCPC regulations for lenders. Learn how the changes impact lending practices in Nigeria.