5 issues that lenders have with Nigerian credit bureaus
Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didn’t have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]
How to spot and block fraudulent borrowers
Grace Effiom, the Head of Enterprise at Lendsqr, hosted a webinar featuring Ope Adeoye, CEO of OnePipe, where they discussed the latest approaches to combating fraud in the digital lending space.
Offline lending vs online lending: pros and cons
Not to declare one better than the other, but offline and online lending have their benefits and drawbacks.
Paycient Finance is transforming healthcare with credit
Access to affordable healthcare can be a challenge when patients need treatment but cannot afford to pay the full cost upfront. Paycient Finance is addressing this gap by using credit to make healthcare more accessible and flexible for patients. Thanks to Lendsqr, Paycient Finance was able to reach more healthcare providers and help close the funding gap in Nigeria’s healthcare sector. This article explores how Paycient Finance is transforming healthcare with credit, the problem it is solving, and how financing can help patients access the care they need while supporting healthcare providers.
Starting lending in Canada? Here’s how to get licensed
Thinking about starting a lending business in Canada? Getting the right licence is an important part of operating legally, but the requirements can vary depending on the type of lending business, the province or territory where you operate, and the activities you plan to offer. This guide breaks down the key licensing and regulatory considerations for lenders in Canada, helping you understand what you need before launching.
5 reasons why you should embed credit into your products and services
Embedding credit into your products or services can help businesses give customers more flexible ways to pay while creating new opportunities for growth and revenue. From increasing customer purchasing power to improving retention and creating additional revenue streams, embedded credit can become a valuable part of the customer experience. In this article, we explore five reasons why businesses should consider embedding credit into their products and services and what it takes to get started.
How to get your loans repaid with Direct Debit
Grace Effiom, Head of Enterprise at Lendsqr, sat down with Unyime Tommy, the CEO and Managing Partner of Assurdly, to discuss the fundamentals of direct debit and its benefits for lenders.
GSI vs Direct Debit: Similarities and differences
To clear the air and empower lenders to make informed decisions, let’s dive into the nuances between GSI vs direct debit.
Why and how Lendsqr doesn’t work with predatory lenders
We've met a lot of predatory lenders. This is why we've implemented stringent measures to protect our platform and our users.
Student Credit: Helping Nigerian students take care of bills other than tuition fees
Nigerian students need more than tuition fees and we’re here to help them with Student Credit. Explore how it works and where you can access it right now
How to get a lending license in Kenya
To get a lending license in Kenya, your application must be accompanied by these documents.
