4 reasons why most loan defaulters are fraudsters
It’s time we stop sugarcoating this. Loan defaulters, in many cases, are fraudsters and here’s how they reveal themselves as such.
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. […]
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.
3 reasons why direct debit hasn’t become a hit in Nigeria
We've championed direct debit as a better solution for loan repayments and recovery. For its efficiency and simplicity.
Why direct debit is the silent hero of loan recovery in Nigeria
Unlike cards, direct debit cuts through the noise, offering a simpler and dependable way to ensure payments are made on time, every time.
Why GSI fails for borrowers with unpredictable income
Today, we’ll be highlighting three major challenges lenders may encounter when using GSI to recover loans from borrowers with unpredictable income:
5 benefits of tracking all your bank accounts in one app
Managing multiple bank accounts can make it difficult to keep track of your money, transactions, and spending. Using one app to monitor your accounts gives you a clearer view of your finances, helping you stay organised, spot unusual activity, and make better financial decisions. Here are five benefits of tracking all your bank accounts in one app.
How Bento, NotchHR, and SeamlessHR are using loans to transform HR SaaS
HR platforms are moving beyond payroll and employee management by integrating financial services into the workplace. Bento, NotchHR, and SeamlessHR are using lending and embedded finance to give employees easier access to credit while creating new opportunities for businesses. This article explores how these platforms are using loans to expand what HR SaaS can offer.
