What are virtual accounts and how do they work?
Virtual accounts have become a core part of modern digital payments, helping businesses receive, track, and reconcile transactions without opening multiple bank accounts. Whether you're a lender, fintech company, or merchant, understanding how virtual accounts work can simplify collections, improve customer experience, and automate payment reconciliation. This guide explains what virtual accounts are, how they work, their key benefits, and why they're widely used across today's financial ecosystem.
Lendsqr vs Evolve Credit: Which loan management software is right for you?
Choosing the right loan management software can have a significant impact on your lending operations, customer experience, and long-term growth. Both Lendsqr and Evolve Credit offer tools for managing the lending lifecycle, but they differ in their features, flexibility, pricing, and target users. This comparison explores the strengths and limitations of each platform to help you determine which solution best fits your lending business.
The 5 best AWS alternatives for lending cloud infrastructure
Companies worldwide depend on Amazon Web Services, from Netflix and Tesla to Lendsqr. But is AWS the only infrastructure you could use to power your system? Let’s find out five other alternatives, shall we?
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.
How to obtain a lending license in Rwanda
As a lender getting the hang of the lending industry in Rwanda today, a thorough understanding of the legal frameworks is required.
10 intriguing facts about Lendsqr
Lendsqr is way more than a loan management platform. At the core of our services is a story. One woven with threads of innovation and, some might say intrigue.
How we used AWS to build our identity and liveness system
Building reliable identity verification and liveness detection systems is one of the biggest challenges facing modern digital platforms, especially in fintech, lending, and online onboarding. These systems must balance speed, accuracy, scalability, fraud prevention, and user experience, all while handling large volumes of sensitive customer data securely. In this article, we explore how we used Amazon Web Services (AWS) to build our identity and liveness system, covering the infrastructure choices, architecture decisions, verification workflows, and AWS services that powered the solution. From facial recognition and document verification to scalability, security, and real-time processing, this piece breaks down the practical lessons, challenges, and technical considerations involved in developing a robust digital identity system.
5 types of lending model
Lending is not a one-size-fits-all business. Different lenders operate with different structures, risk models, customer segments, and repayment approaches depending on their market and goals. Understanding the various lending models is important for choosing the right strategy, technology, and operational process for sustainable growth. In this article, we explore five common types of lending models, how they work, and the kinds of borrowers and institutions they are best suited for.
How to set up CRC Credit Bureau for Lendsqr
Integrating CRC Credit Bureau with Lendsqr helps lenders make faster and more informed credit decisions by giving them access to borrower credit history directly within their lending workflow. This guide walks through the setup process step by step, from obtaining your CRC credentials to configuring the integration on Lendsqr. Whether you are onboarding a new lending operation or improving an existing credit process, setting up CRC correctly can help reduce risk, strengthen underwriting, and improve overall loan performance.
Indicina vs Lendsqr: Which loan management platform suits your needs?
Choosing the right lending platform can significantly impact your ability to scale, automate operations, and manage risk effectively. While Indicina is known for its credit decisioning and financial data infrastructure, Lendsqr offers a broader end-to-end lending platform covering loan origination, underwriting, disbursement, collections, and borrower management. In this article, we compare Indicina and Lendsqr across key areas such as functionality, integrations, automation, scalability, and use cases to help you determine which platform best fits your lending business.
What payment gateways are available to Lendsqr lenders?
Payment gateways play a critical role in the lending process, enabling lenders to collect repayments, process disbursements, manage direct debits, and facilitate seamless borrower transactions. Lendsqr supports integrations with a range of payment providers to help lenders operate efficiently across different markets and payment channels. In this article, we explore the payment gateways available to Lendsqr lenders, their key features, and how to choose the right option for your lending business.
