7 reasons why most lenders fail within a year
Even tech giants owe success to lenders. But despite potential high returns, many lenders still face challenges—and fail. Why? Here's what you need to know.
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
Lending comes with its risks, and adding tech into the mix can make things even trickier. Loan fraud has gotten pretty sophisticated, here's what you need to watch out for
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
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:
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
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: An 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.
How to use Monnify with Lendsqr for loan repayments
Learn how to integrate Monnify with Lendsqr to automate loan repayments, simplify collections, and improve repayment success rates. This guide walks you through the setup process, explains how Monnify's payment infrastructure works with Lendsqr, and highlights best practices for creating a seamless repayment experience for both lenders and borrowers. Whether you're launching a new lending business or optimizing your existing collections process, this step-by-step guide will help you get started.
What is debt forgiveness and how does it work?
Learn what debt forgiveness is, how it works, and what it means for borrowers and lenders navigating repayment challenges. This guide explores the different approaches to debt forgiveness, the situations where it may apply, and the factors to consider before choosing this option. Whether you’re struggling with existing debt or looking to better understand debt relief solutions, this article will help you understand how debt forgiveness works and what to expect throughout the process.
What is rent reporting and why is it important in Nigeria?
Learn what rent reporting is, how it works, and why it matters for building stronger credit systems in Nigeria. This guide explains how reporting rental payments can help tenants establish credit history, improve access to financial opportunities, and support lenders in making better-informed decisions. Whether you’re a renter looking to build your credit profile or a lender exploring better ways to assess borrowers, this article highlights the role of rent reporting in Nigeria’s evolving financial landscape.