3 ways expense tracking can improve your financial health
Industry Information

3 ways expense tracking can improve your financial health

Kolo Finance — a personal finance management tool — allows you to combine all your Nigerian bank accounts. With your permission, it can get transaction data from your emails and SMS and put it all together in an understandable manner.

How to use Mono with Lendsqr for credit scoring
How to

How to use Mono with Lendsqr for credit scoring

One of these leading providers, Mono, is a technology company founded in 2020 by CEO Abdulhamid Hassan. They are on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses. 

Best loan apps to get urgent 10,000 naira in Nigeria
Borrower information

Best loan apps to get urgent 10,000 naira in Nigeria

In this article, we’ll explore the best loan apps in Nigeria to help you secure an urgent 10,000 naira quickly and easily so you can handle life’s unexpected challenges without the added stress.

3 alternative data to credit report for enhancing underwriting quality
Growth marketing

3 alternative data to credit report for enhancing underwriting quality

Smart lenders must incorporate alternative data sources to improve underwriting and make more informed lending decisions.

7 reasons why most lenders fail within a year 
Growth marketing

7 reasons why most lenders fail within a year 

Even the tech industry giants owe much of their success to the backing of lenders and bankers. However, despite its potential for high returns, many lenders still face challenges and fail.

3 best React Native alternatives for building mobile loan apps 
Engineering

3 best React Native alternatives for building mobile loan apps 

In the world of mobile app development, there are many ways to skin a cat, and React Native is one of them.

What is loan fraud and red flags to spot fraudulent borrowers
FAQs

What is loan fraud and red flags to spot fraudulent borrowers

Lending comes with its risks, and adding technology into the mix can make things even trickier. Loan fraud, in particular, has gotten pretty sophisticated, so lenders need to stay alert and watch out for common scams and sneaky tactics.

What are lending APIs and how do you get them?
Engineering

What are lending APIs and how do you get them?

Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.

How Artificial Intelligence (AI) can transform lending
Industry Information

How Artificial Intelligence (AI) can transform lending

It’s lending’s turn to experience this breakthrough, with companies like Lendsqr leading the charge. So, how will AI transform lending? Let's explore three key ways:

Make Better Informed Decisions

Our decision model Oraculi helps you handle all modules required to form the decision model for your lending business, convenient and easy.

hellustration svg
What is on-lending and how does it work?
FAQs

What is on-lending and how does it work?

While there are several ways to finance a lending business, on-lending remains one of the most underutilized methods, likely due to a lack of information.

5 key qualities borrowers look for in a lender
Growth marketing

5 key qualities borrowers look for in a lender

While countless articles detail what lenders want in a borrower, we've flipped the script to highlight what borrowers look for in a lender. So, what qualities convince a borrower that a lender is the right choice?

Finance house vs. Microfinance: A comparative overview of digital lending license
Information

Finance house vs. Microfinance: A comparative overview of digital lending license

To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.