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.
Kenya’s licensing of 42 new digital lenders and 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.
💳 Team expense requests on the admin console
Hello there! 👋 Lending operations don’t usually break in obvious ways. They break through failed disbursements, disputes, repayment adjustments, schedule changes, and last-minute escalations that compound as your loan book grows. This month’s updates focus on reducing those moments. We’ve shipped improvements that give you better control over repayments, adjustments, receipts, internal expenses, and portfolio-wide […]