Lendsqr launches lending-as-a-service platform in Kenya
Lendsqr launches lending-as-a-service platform in Kenya to boost financial inclusion and support loacal lenders
Which is better for loan repayments: Cards or Direct Debit?
Explore the use of debit cards and direct debit as options for lenders and which is more effective for loan recovery
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.