How to use myBankStatement with Lendsqr for credit scoring
myBankStatement gives lenders access to key financial data, helping them make more informed decisions with a clearer view of borrowers' financial profiles.
The 4 best Monnify alternatives for virtual accounts
Even with Monnify’s solid reputation, you may have specific business needs, pricing differences or want specific features so your business might benefit from exploring other options.
How to spot risky loan guarantors and protect yourself as a lender
A loan guarantor is basically like a secondary borrower. If they can't pay up when the borrower defaults, then having them as a guarantor is pointless.
6 practical tips to reduce loan processing times
Fast loan processing doesn’t mean approving all loan requests, but deciding if a loan should be approved or not shouldn’t take forever.
5 best Paystack alternatives for card payment in Nigeria
When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.
How to obtain a lending license in Rwanda
As a lender getting the hang of the lending industry in Rwanda today, a thorough understanding of the legal frameworks is required.
10 intriguing facts about Lendsqr
Lendsqr is way more than a loan management platform. At the core of our services is a story. One woven with threads of innovation and, some might say intrigue.
What collateral do you need to protect your loan business?
Lenders need to be smart about what kind of collateral they accept, but they also want to make sure that all sorts of businesses and people have a chance to get the loans they need to grow.
How to use Route Mobile with Lendsqr for sending SMS
Once you have your Route Mobile API key, log in to your Lendsqr account. Reach out to our product support team at support@lendsqr.com and get set up in 10 minutes.
How we used AWS to build our identity and liveness system
Building reliable identity verification and liveness detection systems is one of the biggest challenges facing modern digital platforms, especially in fintech, lending, and online onboarding. These systems must balance speed, accuracy, scalability, fraud prevention, and user experience, all while handling large volumes of sensitive customer data securely. In this article, we explore how we used Amazon Web Services (AWS) to build our identity and liveness system, covering the infrastructure choices, architecture decisions, verification workflows, and AWS services that powered the solution. From facial recognition and document verification to scalability, security, and real-time processing, this piece breaks down the practical lessons, challenges, and technical considerations involved in developing a robust digital identity system.
5 types of lending model
Lending is not a one-size-fits-all business. Different lenders operate with different structures, risk models, customer segments, and repayment approaches depending on their market and goals. Understanding the various lending models is important for choosing the right strategy, technology, and operational process for sustainable growth. In this article, we explore five common types of lending models, how they work, and the kinds of borrowers and institutions they are best suited for.
