Urgent10k: Meeting the emergency cash needs of Nigerians
Lender case study

Urgent10k: Meeting the emergency cash needs of Nigerians

Nigeria’s untapped consumer credit needs currently stands at about N109 trillion. Urgent10k is meeting the emergency cash needs of Nigerians

Lenders battle against fraudsters; a case for an industry blacklist
Industry Information

Lenders battle against fraudsters; a case for an industry blacklist

As digital lending surges in Nigeria, fraud has quietly become one of the industry’s biggest threats, with coordinated identity theft and serial loan defaulters overwhelming individual lenders who battle in isolation. The danger isn’t unique. Kenya offers a stark warning, with an estimated 3.2 million people blacklisted on the country’s TransUnion credit bureau. Without a unified industry blacklist to identify and curb repeat offenders, Nigerian lenders risk following the same path, continually staying several steps behind increasingly sophisticated fraudsters.

Why compliance isn’t optional for digital lenders 
Lender information

Why compliance isn’t optional for digital lenders 

This article shows that compliance is not optional for digital lenders. Building it into every part of operations is essential for sustaining growth and maintaining credibility.