How to use Mono with Lendsqr for credit scoring
Mono is on a mission to power the digital economy in Africa, using open banking as a layer for financial data, identity data, and bank transfer payments for businesses.
Best loan apps to get urgent 10,000 naira in Nigeria
In this article, we’ll explore the best loan apps in Nigeria to help you secure an urgent 10,000 naira quickly and easily so you can handle life’s unexpected challenges without the added stress.
The power of lending APIs
Lending APIs allow lenders and financial platforms to connect the tools and services they need to run their operations without building everything from scratch. From loan applications and credit checks to payments, identity verification, and customer data, APIs can help different systems work together. This article explores the power of lending APIs, how they work, and the role they can play in building more flexible lending experiences.
The 3 best Freshdesk alternatives for customer management
People are looking for Freshdesk alternatives because when they need to upgrade their Freshdesk is a popular customer support platform, but its features, pricing, or setup may not be the right fit for every business. Depending on your needs, you may be looking for a tool with simpler workflows, better customer management features, stronger automation, or a different approach to team communication. This article explores three Freshdesk alternatives and what each one offers to help you choose the right option for managing customer relationships and support.
How we are using AI and ChatGPT to transform our internal support
AI and ChatGPT are changing how teams work, and at Lendsqr, we are exploring how they can make internal support faster, more accessible, and more useful. In this article, we share how we are using AI to help employees find answers, solve everyday challenges, and get the support they need without always waiting for someone to respond.
3 alternative data to credit report for enhancing underwriting quality
Traditional credit reports can give lenders useful insights into a borrower’s financial history, but they do not always tell the full story. Alternative data can help lenders assess borrowers with limited or incomplete credit histories and make more informed underwriting decisions. In this article, we explore three types of alternative data lenders can use to strengthen credit assessment, improve risk evaluation, and make better lending decisions.
7 reasons why most lenders fail within a year
Starting a lending business can be profitable, but many lenders struggle to survive their first year. From poor risk assessment and weak cash flow management to inadequate systems and regulatory challenges, several factors can quickly put a lending business at risk. In this article, we explore seven common reasons why most lenders fail within a year and what you can do to avoid them.
3 best React Native alternatives for building mobile loan apps
In the world of mobile app development, there are many ways to skin a cat, and React Native is one of them.
What is loan fraud and red flags to spot fraudulent borrowers
Lending comes with its risks, and adding tech into the mix can make things even trickier. Loan fraud has gotten pretty sophisticated, here's what you need to watch out for
What are lending APIs and how do you get them?
Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.
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.
