Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa
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 of globally recognized methods such as liveness checks with facial recognition, which can easily identify and verify customers instantly.
Lendsqr brings its lending technology to Botswana’s non-profits and DFIs
Lendsqr is transforming Botswana's development sector by offering its world-class lending software for free to non-profits and DFIs. Automate your loan cycles and scale your impact to reach the unbanked across Botswana effortlessly.
Categories of low-risk borrowers lenders should target
Saying, “I don't want high-risk borrowers,” is one thing; articulating the low-risk customers you seek is another. We have done the grunt work of identifying and categorizing traditionally low-risk borrowers.
