GSI recovery Archives

We built Kolo to help you tame your bank accounts

The average Nigerian today has about three bank accounts, and most often than not, being able to see all bank balances across means juggling through bank apps, SMS alerts, email notifications. And when things go really bad, you start digging through pages of bank statements. Yet, even with these, it’s difficult to find everything. It’s […]

March 15, 2024

We built Kolo to help you tame your bank accounts Image

How we dumped SendGrid, built Mailer and solved our email delivery troubles

When we started Lendsqr, like every right thinking startup, we relied on SendGrid, which is well-regarded as one of the top email systems globally. While it served us well, as we grew, we found it didn't fully meet all our needs and those of our lenders anymore. After weighing the pros and cons, we knew it was time to find an alternative. So, we began building what the world would soon know as Mailer.

February 26, 2024

How we dumped SendGrid, built Mailer and solved our email delivery troubles Image

Legal compliance pitfalls lenders must avoid in Nigeria

Gone are the days of loan-sharking tactics in Nigeria's modern, regulated lending ecosystem. Lenders who hope to make a lasting impact and withstand the hurdles in this space must be prepared to toe the line of honest, legal and ethical lending. Else, they risk being booted out of the ecosystem. Stay out of trouble with these 10 legal compliance areas.

February 23, 2024

Legal compliance pitfalls lenders must avoid in Nigeria Image

Industry Information

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.

May 6, 2024

Industry Information

5 ways GSI should be improved by the Central Bank of Nigeria (CBN)

Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.

April 28, 2024

How to

6 common misconceptions about using GSI for loan recovery

GSI can be triggered on customer's accounts when they don't pay their loan. Not true!

April 21, 2024

Make Better Informed Decisions

Our decision model Oraculi helps you handle all modules required to form the decision model for your lending business, convenient and easy.

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