Let’s help you separate sheep from wolves!
We both know that not all customers are the same: some are angels, others are less salubrious; some are good for the money, and others will probably fleece you. How then do you separate the wheat from chaff or the sheep from the wolves? Or how do you even meet regulatory demands of Know Your […]
Use multiple credit bureaus to double your protection
Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At […]
Assurdly increased employee happiness by 100%. You can do the same!
Assurdly helped its staff get access to loans for them to buy personal items and work tools. The employee happiness and engagements went through the roof!
Get bank accounts and statements of your borrowers. Almost free.
Lending is a game of data – if you know as much as possible about your customer, you can make a good decision about if to give a loan, how much to give, or even for how long to give or not to give. However, getting this data is harder than breaking a coconut with […]
Meet Adjutor: Your critical support for making better credit decisions
Nothing scares a lender more than giving loans to someone who doesn’t make the cut right from the start due to lack of affordable API service. Feature article: Read more on how to conduct risk assessment for your borrowers. Having sufficient data provides lenders with better assurance when lending to borrowers with a credible history […]
Reach more customers with the Lendsqr offline loan feature
As a digital lender, there are so many things to consider when creating your loan portfolio. How do you create the perfect products that would reach your ideal target customer? What if your target customer base may not be tech-savvy or does not have access to the internet at all? How do you cater to […]
A Guide to Nigeria’s Financial Ecosystem: Players, Services, and Regulators
The Nigerian financial industry is a vast and complex landscape that can be challenging to navigate, even for experienced professionals. For fintechs looking to enter this market, understanding the intricacies of the financial ecosystem is crucial to success. However, with so much information to sift through, it can be daunting to know where to start.
Keep your platform secure and chase away bad actors
Keep Your Platform Secure and Chase Away Bad Actors
Scaling lending: Leveraging Lendsqr’s loan invite for wider reach
As lenders look to expand their customer base and reach new potential borrowers, the task of sourcing and inviting potential leads can be a daunting one. Traditional methods of reaching out to potential borrowers, such as cold-calling and mailing lists, can be time-consuming and costly. However, a new solution has emerged that offers a faster […]
How the Lendsqr Karma service blocks bad actors and defaulters
The greatest weapon of most unrepentant serial loan defaulters is the “lack of updated information”. Bad actors know that lenders don’t share information amongst themselves so often. With an opportunity laid out for them, they take advantage by going from one lender to another causing great financial distress. This unfortunate circumstance is uncommon with any […]
Lendsqr and HyperVerge partner to thwart loan fraudsters in Africa
At least 6% of loan applications to digital lenders contain identity fraud. 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 […]
A1 Credit: Using digital channels to give loans to Nigerians and SMEs
A1 Credit is helping millions of Nigerians and small businesses get access to credit without asking for an arm and a leg.
