How direct debit or debit orders works in Zambia
Industry Information

How direct debit or debit orders works in Zambia

Direct debit, a payment mechanism allowing automatic recurring deductions from a customer’s account to pay bills or loans....

Hurdles to scale to become a lender
Growth marketing

Hurdles to scale to become a lender

Lending is a profitable business and is probably as old as time itself. Lending has subsequently evolved into fintech, which when done well, grows faster and attracts significant valuations than traditional banks. But lending is a tough business and those who do it deserve special praises and sometimes even prayers; they help the sick get […]

How to get started as a lender in Zimbabwe
Lender information

How to get started as a lender in Zimbabwe

In May 2022, the Zimbabwe government froze all bank lending, citing speculative behavior as the villain. Businesses gasped, households flailed, and the economy wobbled like a three-legged table. For a moment, it felt like financial oxygen had been cut off. But nature—and credit markets—abhor a vacuum. During this period, formal financial institutions were sidelined, and […]