What lenders should know before building or buying software
Digital lending has become one of the fastest-growing areas of financial services worldwide. The global digital lending platform market was valued at about $13 billion in 2024 and projections show it could almost triple by 2033. In Africa, the numbers may look smaller, but the pace of growth is even sharper. The market here was […]
Why GSI fails for borrowers with unpredictable income
Today, we’ll be highlighting three major challenges lenders may encounter when using GSI to recover loans from borrowers with unpredictable income:
Nigeria’s Banks and Other Financial Institutions Act
This article walks through Nigeria's Banks and Other Financial Institutions Act in a way that connects the legal provisions to how lending businesses actually operate.