11 things you need to start a loan business in Rwanda
You'll need to register your business as a legal entity. But that's only one of 11 things you need to start a loan business in Rwanda.
8 signs a borrower would default
Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.
A lender’s guide to understanding risk assessment
Effective risk assessment is the foundation of responsible lending. This guide explores how lenders evaluate borrower risk using credit data, financial analysis, behavioral insights, and alternative data to make informed lending decisions, reduce defaults, and build healthier loan portfolios.
7 best things the Central Bank has ever done for digital lending in Nigeria
Nigeria's digital lending industry has grown rapidly, supported by regulatory reforms that promote consumer protection, financial stability, and responsible innovation. This article highlights seven of the Central Bank of Nigeria's most impactful initiatives and examines how they have shaped the country's digital lending ecosystem.
How to use Lendsqr to build your BNPL app
Buy Now, Pay Later (BNPL) has become one of the fastest-growing forms of consumer credit, allowing customers to spread payments while merchants increase sales. Building a successful BNPL app, however, requires much more than a checkout button—it demands robust onboarding, credit decisioning, payment collection, merchant management, and loan servicing capabilities. With Lendsqr, businesses can quickly launch and scale a BNPL solution using ready-made lending infrastructure, configurable workflows, and APIs designed to power modern credit products.
5 ways GSI should be improved by the Central Bank of Nigeria (CBN)
Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.
Using TransUnion with Lendsqr for Credit Scoring
TransUnion collects and aggregates information on over one billion consumers across more than 30 countries. This massive reach, profiling nearly 200 million files, positions TransUnion as a leader in consumer data collection and credit reporting.
How to set up CreditRegistry on Lendsqr
Fortunately, Lendsqr is fully integrated with the key credit bureaus across Africa — CRC, CreditRegistry, TransUnion, and FirstCentral, and you can get access to millions of data to help you make smarter credit decisions in a matter of minutes.
The 5 best Freshchat alternatives for in-app chat for lenders
For lenders, in-app chat is more than a customer support feature. It helps guide borrowers through applications, resolve issues quickly, and improve loan conversion rates. While Freshchat is a popular choice, it may not meet every lender's needs in terms of automation, integrations, scalability, or pricing. This article compares the five best Freshchat alternatives for lenders, highlighting their key features, strengths, and the types of lending businesses they are best suited for.
What are virtual accounts and how do they work?
Virtual accounts have become a core part of modern digital payments, helping businesses receive, track, and reconcile transactions without opening multiple bank accounts. Whether you're a lender, fintech company, or merchant, understanding how virtual accounts work can simplify collections, improve customer experience, and automate payment reconciliation. This guide explains what virtual accounts are, how they work, their key benefits, and why they're widely used across today's financial ecosystem.
Lendsqr vs Evolve Credit: Which loan management software is right for you?
Choosing the right loan management software can have a significant impact on your lending operations, customer experience, and long-term growth. Both Lendsqr and Evolve Credit offer tools for managing the lending lifecycle, but they differ in their features, flexibility, pricing, and target users. This comparison explores the strengths and limitations of each platform to help you determine which solution best fits your lending business.
