Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
Device finance in Nigeria: A case for BNPL
In an era where a smartphone is no longer a luxury but a fundamental tool for economic survival, Nigeria's "affordability gap" has never been wider. With inflation squeezing disposable income, the traditional model of outright cash purchases is being replaced by the rapid rise of Buy Now, Pay Later (BNPL). This shift isn't just about convenience; it’s a strategic response to currency volatility and a lack of traditional credit infrastructure. By leveraging alternative data and "pay-as-you-go" technology, BNPL providers are turning the dream of high-end tech ownership into a manageable monthly reality for millions of Nigerians, ultimately driving the nation's next wave of digital inclusion
How borrower behaviors have shifted under the threat of GSI
GSI is making borrowers think twice before taking out loans, pay closer attention to the fine print of loan agreements, and more.
