Paystack vs. Flutterwave – which is better for loan collection?
Choosing between Paystack and Flutterwave for loan collection goes beyond pricing or popularity. For lenders, the real concern is how reliably repayments are collected, how flexible the payment options are, and how well each platform fits into existing workflows. This article breaks down how both providers handle recurring payments, direct debit, and transaction monitoring, helping you decide which is better suited for your loan collection needs.
FCCPC regulations for digital lenders
As digital lending continues to grow in Nigeria, regulatory oversight has become increasingly important to protect borrowers and ensure fair practices. The Federal Competition and Consumer Protection Commission (FCCPC) plays a key role in setting guidelines that digital lenders must follow, from registration requirements to ethical debt collection and data usage standards. Understanding these regulations is essential for lenders looking to operate responsibly and sustainably, while also building trust in a rapidly evolving credit ecosystem.
How to grow your customer base as a lender
Growing your customer base as a lender requires more than just offering loans. It’s about understanding your market, building trust, leveraging digital channels, and creating experiences that keep borrowers coming back. This guide explores actionable strategies to attract and retain clients effectively.
CBN’s Global Standing Instruction (GSI) explained
Understand what the CBN's Global Standing Instruction (GSI) is and how it affect loan repayments within the Nigerian financial ecosystem
APIs for lenders to reduce NPL
Integrations via API to other ancillary platforms are key to ensuring your loans are paid back. They allow you to leverage on the tech, data and functionalities of the best providers to improve the quality of your loan flow.
What makes a great loan management software
Whether you decide to build your loan software or use a LaaS platform like Lendsqr, consider these things
What is Lending-as-a-Service?
The first thing to note about lending-as-a-service (LaaS) is that it's in the business of technology. It's not a money lending business.
How to report unethical lenders
There are good and responsible lenders who recover loans ethically, but bad ones exist, too. If you find yourself a victim of predatory and unlawful lending practices, you can seek redress
How mobile SDK works for lending decisions
Lenders who are aware of the realities of credit in Nigerian use smart technologies called software development kits (SDK). They are able to program their mobile apps and offer some functionality they may otherwise not have access to.
5 Freshworks features to improve your customer support team’s productivity
Lendsqr recently partnered with Freshworks to give every lender on our platform $10k credit to use on their customer support channels
Boosting your lending app rating on Google and Apple app stores
Improving your lending app’s rating isn’t just about getting more stars; it’s about building trust, increasing visibility, and attracting the right users. This guide breaks down the practical steps lenders can take to boost app store ratings on Google and Apple, strengthen customer perception, and drive sustainable growth.
