What it takes to be a digital money lender
Fintech, especially digital lending, is one of the fastest growing sectors in every economy in the world. It’s no surprise that everyone wants to dabble into digital lending as their first foray into the exciting and extremely innovative world of fintech. But should you be a digital lender?
Handle payment collection like a pro with Direct debit
Several moons ago, we told you about our new Direct debit feature and how soon it would be available for our lenders. We're proud to announce that "we did a thing" with the new direct debit feature.
If your employer won’t give you a staff loan, ditch them!
Read how staff loans drive employee happiness and productivity
How to utilize configurable loan forms for your lending business
Learn more about Lendsqr's configurable loan forms today!
Let’s help you separate sheep from wolves!
We both know that not all customers are the same: some are angels, others are less salubrious; some are good for the money, and others will probably fleece you. How then do you separate the wheat from chaff or the sheep from the wolves? Or how do you even meet regulatory demands of Know Your […]
Use multiple credit bureaus to double your protection
Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At […]
A Guide to Nigeria’s Financial Ecosystem: Players, Services, and Regulators
The Nigerian financial industry is a vast and complex landscape that can be challenging to navigate, even for experienced professionals. For fintechs looking to enter this market, understanding the intricacies of the financial ecosystem is crucial to success. However, with so much information to sift through, it can be daunting to know where to start.
Keep your platform secure and chase away bad actors
Keep Your Platform Secure and Chase Away Bad Actors
Scaling lending: Leveraging Lendsqr’s loan invite for wider reach
As lenders look to expand their customer base and reach new potential borrowers, the task of sourcing and inviting potential leads can be a daunting one. Traditional methods of reaching out to potential borrowers, such as cold-calling and mailing lists, can be time-consuming and costly. However, a new solution has emerged that offers a faster […]
Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa
At least 6% of loan applications to digital lenders contain identity fraud. Since the advent of digital lending, the time it takes to get loans has reduced from days to sometimes seconds. Unfortunately, it has also made it easier for fraudsters to use stolen identities to take loans. This has given rise to the use […]
Paystack vs. Flutterwave – which is better for loan collection?
This is where many lenders get into arguments about which of Flutterwave or Paystack is better for loan collection. We decided to find out for our lenders.
