Customer count or profitability: which is more important for a lender?
Running a lending business, as is the case with running any other business, requires business owners to make some tough decisions. Most lenders, especially those new to the lending business, are typically faced with the high-consequence question: “What should I primarily focus on -growing my customer count or growing profitably?” The former is concerned with […]
The hidden cost of running multiple disjointed platforms
Every naira, pound, rand, or dollar spent on technology in lending should make loan processing, collections, and decision-making better.
Credit bureaus not enough? Try these alternatives
Credit bureaus are supposed to be the backbone of the lending process, yet they often fall short. Let’s explore three other alternatives
