Lendsqr and Mono partner to power the next generation of lenders
Most Nigerians don’t have a credit history which affects lenders’ ability to assess loan applications and hence, limits borrowers’ access to credit. However, Lendsqr has partnered with Mono to provide lenders with customers’ bank statement data which assists them in making better informed decisions about borrowers’ capacity to repay their loans. Access to credit is […]
Frequently Asked Questions about Payday loans
This FAQ is written for lenders and those considering entering the payday lending space. It focuses on how payday loans work, how they are structured, how risks show up in real operations, and how regulation and technology shape the business.
Should I lend to this customer? A guide to risk assessment
For any lending business to be profitable, a lender must be assured of recovering their loan. Here are a few practical guides on how to determine if you should lend to a borrower or not.

