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.
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?
Requirements for publishing Nigerian loan apps on Apple App Store
The big question is: where’s the best place to launch your loan app to reach the most users? Let's take a closer look at the one of them - Apple App Store.
How to communicate with delinquent borrowers
Delinquent borrowers — whose loans are past due and remain unpaid — often challenge even the most empathic lenders who excel at customer communication. Learn how to communicate with them today
5 types of lending model
A lending model is a lender’s map. Let’s take a look at some of the lending models available to lenders.
Customer count or profitability: which is more important for a lender?
For lenders, growth often brings a key dilemma: should the focus be on increasing customer count or maximizing profitability? While attracting more borrowers can boost market presence and long-term opportunities, it can also strain resources and increase risk if not managed carefully. On the other hand, prioritizing profitability ensures sustainable operations but may limit market share and growth potential. Striking the right balance between these two objectives is crucial for building a lending business that is both competitive and financially resilient.
How to provide the best customer experience as a lender
Learn ways you can enhance your customers’ experience to drive retention and grow your customer base
Device finance in Nigeria: A case for BNPL
In an era where a smartphone is no longer a luxury but a fundamental tool for economic survival, Nigeria's "affordability gap" has never been wider. With inflation squeezing disposable income, the traditional model of outright cash purchases is being replaced by the rapid rise of Buy Now, Pay Later (BNPL). This shift isn't just about convenience; it’s a strategic response to currency volatility and a lack of traditional credit infrastructure. By leveraging alternative data and "pay-as-you-go" technology, BNPL providers are turning the dream of high-end tech ownership into a manageable monthly reality for millions of Nigerians, ultimately driving the nation's next wave of digital inclusion
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.
Lendsqr teams up with Freshworks, offering $10k credit to startup lenders
Lendsqr has partnered with Freshworks to bring advanced back-office tools that make it easier to deliver a seamless customer and employee management experience.
Hurdles to scale to become a lender
Becoming a lender is full of promise, but the road to scale is anything but simple. From compliance demands to data limitations, operational gaps, and the constant pressure to maintain healthy portfolios, new lenders face challenges that can quickly stall growth. Understanding these hurdles is the first step to building a lending business that is sustainable, competitive, and built to last.
