How manual underwriting still fits into an automated loan process
Across Africa, automation has changed how lenders think about credit. Mobile-first lending apps, USSD-based products, and fully digitized bank loans have brought speed and scale that would have been impossible through paper forms and long committee meetings. A borrower who once had to queue in a branch can now get money in minutes, thanks to […]
How Lendsqr helped Sterling Bank use SnapCash to bridge the credit divide
We sat down with the Sterling team and ideated. Born from a single loan product, the name SnapCash resonated better with Sterling Bank's one goal — to provide cash to the average Nigerian at the snap of their finger. Thus, SnapCash came into being.
Loan business vs. Lending business: A difference every lender should know
One is run as a corporate machine with risk and compliance models, and the other is based on flexibility, personal contact, and sometimes punitive penalties for non-repayment.