Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers
Industry Information

Key providers for lenders in Zimbabwe: Credit bureaus, credit scoring, and payments providers

Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger […]

Lenders battle against fraudsters; a case for an industry blacklist
Lending

Lenders battle against fraudsters; a case for an industry blacklist

In Kenya, the lenders battle against fraudsters with an estimated 3.2 million people have been blacklisted on Kenya’s TransUnion credit reference bureau.

Banking as a service explained: All you need to know
Industry Information

Banking as a service explained: All you need to know

Banking as a Service, or BaaS, is what allows businesses that aren’t banks to offer actual banking services to their customers.