Your core banking system isn’t your loan management system. Here’s the difference
Industry Information

Your core banking system isn’t your loan management system. Here’s the difference

If you have spent any meaningful amount of time in lending, you have likely heard someone ask the question, “Can’t our core banking system handle loans too?” On the surface, it seems like a fair point. Loans are essentially account balances. When a customer takes out a loan, the system records the disbursed amount as […]

Coverdey dey for you: Empowering underserved traders with credit
Lender case study

Coverdey dey for you: Empowering underserved traders with credit

Many up-and-coming lenders claim to be financially inclusive and say they are bridging the credit gap. However, not many are truly bringing credit closer to the often marginalized populace. That is, until Coverdey.

Finance house vs. Microfinance: An overview of digital lending license
License

Finance house vs. Microfinance: An overview of digital lending license

To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.