Kenya licenses 42 digital lenders: what it means for credit markets in Africa
Kenya’s licensing of 42 new digital lenders signals a major shift in how credit markets across Africa are evolving. By bringing more players into a regulated framework, the move aims to improve transparency, protect borrowers, and expand access to formal credit. But it also raises important questions about competition, risk management, and market saturation. For lenders across the continent, this development offers both a blueprint for regulation and a reminder that sustainable growth depends not just on scale, but on trust, compliance, and responsible lending practices.
How the Lendsqr Karma service blocks bad actors and defaulters
Lending becomes harder when the same bad actors move across platforms, taking loans with no intention to repay. This is where Lendsqr’s Karma service comes in. By checking borrower identities, device patterns, and past behavior across the ecosystem, Karma helps lenders identify defaulters and fraud risks early in the decision process. This article explains how it works and how it helps protect loan portfolios from repeat abuse.
Frequently asked questions about car loans
In this article, we dive into the most frequently asked questions about car loans. From eligibility and application processes to repayment strategies and hidden costs, this guide equips you with the knowledge to make decisions that serve both your mobility and your financial well-being.