Access to credit has historically been difficult in Nigeria. This is because, for years, big banks were the sole providers of financial services and those banks didn’t care too much for retail banking.| Lendsqr - Empowering the smartest lenders
Born from a single loan product, the name SnapCash resonated with Sterling Bank's goal to provide cash to the average Nigerian.| Lendsqr - Empowering the smartest lenders
Whether through banks, SACCOs, MFIs or digital platformswe examine how Kenya's business owners are financing their operations and what’s next for them.| Lendsqr - Empowering the smartest lenders
While SMEs are generally considered low-risk borrowers, given the ease of verifying their operations through cash flow assessments, on-ground assessments and more. Lending to them is not without its challenges. We’ve done the grunt work for you. Learn the strategies to avoid SME loan defaults as a Nigerian lender.| Lendsqr - Empowering the smartest lenders
Setting up a lending operation isn’t always straightforward, Over time, we’ve learned where most lenders stumble. Here are the issues that consistently slow things down. The post 9 common issues lenders face when setting up first appeared on Lendsqr.| Lendsqr
We’ve seen lenders come in, set up, test, and go live in under seven days. Here’s what that journey usually looks like. The post How lenders go live with Lendsqr in under 7 days first appeared on Lendsqr.| Lendsqr
Anybody ever wonder where bankers go when they hang their suits? What do they do when they retire? The post What do bankers do when they retire? first appeared on Lendsqr.| Lendsqr
Moving abroad is exciting but costly if you’re unprepared. Here are five common financial mistakes African immigrants make and how to stay ahead. The post 5 financial mistakes African immigrants make in their first year abroad first appeared on Lendsqr.| Lendsqr
In this article, we'll show you where to get loans without collateral in Ghana; who you should trust, the options available to you. The post Where to get loans in Ghana without collateral first appeared on Lendsqr.| Lendsqr
This article looks closely at 7 loan apps in Ghana that stand out for how their products hold up in practice and their interest rate. The post 7 loan apps in Ghana with low interest first appeared on Lendsqr.| Lendsqr
Hello there! 👋 Happy new month and welcome to October! 🌞 To our amazing lenders in Nigeria, we’re also wishing you a Happy Independence Day! 🇳🇬✨ October is not just the start of another month. It is the beginning of the final quarter of the year, a perfect moment to pause, reflect on how far […] The post 📝 Design your forms, just the way you want it first appeared on Lendsqr.| Lendsqr
This FAQ gathers those questions and reframes them into a narrative you can follow. It connects the process and purpose, showing how each step; sign-up, setup, and disbursement, flows into the next. The post Frequently asked questions about onboarding to Lendsqr first appeared on Lendsqr.| Lendsqr
Community lenders are the people and organisations that keep money moving in places where banks either have little presence or do not reach at all. The post Why micro lending management software is critical for community lenders first appeared on Lendsqr.| Lendsqr
This article takes a closer look at how SME lending software supports both lenders and businesses, where progress is already visible, and the issues that still need attention.| Lendsqr - Empowering the smartest lenders
In this guide, we'll show you where to get loans without collateral in South Africa; who you should trust, the options available to you and how to get them.| Lendsqr - Empowering the smartest lenders
Collateral-free loans in Cameroon offer flexible funding without property. This article breaks down what you need to know to borrow smarter.| Lendsqr - Empowering the smartest lenders
How does someone in Sierra Leone get their hands on 1,000,000 leones quickly when they need it? The truth is, most people in the country could really use that kind of money, but it’s not easy to come by. The average Sierra Leonean earns about 500,000 leones a month (around $24), and with that, they’re| Lendsqr - Empowering the smartest lenders
In this guide, we'll show you where to get loans without collateral in Uganda; who you should trust, the options available to you and how to get them.| Lendsqr - Empowering the smartest lenders
This article provides a clear, practical overview of consumer credit in Zambia from 2019 - 2024. It covers how technology is changing access to credit.| Lendsqr - Empowering the smartest lenders
This report explores these developments in depth and presents a narrative-driven overview of Botswana’s consumer lending journey over the past five years.| Lendsqr - Empowering the smartest lenders
Executive summary In Ghana today, running a small business isn’t just a choice. It’s a means of survival and progress. With over 80% of employment coming from the informal sector, entrepreneurship is often the default path for many Ghanaians, especially the youth. From food sellers to online vendors and fashion designers in Accra, micro and| Lendsqr - Empowering the smartest lenders
If lenders in South Africa can meet borrowers where they are economically, culturally, and socially, there may be a path forward that reduces default risk.| Lendsqr - Empowering the smartest lenders
Explore how cultural attitudes shape loan defaults in Sierra Leone between 2019 and 2024, offering fresh insights for lenders and policymakers.| Lendsqr - Empowering the smartest lenders
This guide takes a clear look at where Nigerians across different income levels and needs can find loans with the lowest possible interest rates.| Lendsqr - Empowering the smartest lenders
Lending automation sets you up for measurable success, better customer relationship management, and overall business growth. Discover how!| Lendsqr - Empowering the smartest lenders
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has published the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025. If you are in consumer lending, whether as a digital lender, app developer, service provider, or partner, these regulations are not optional. They define exactly how you can operate, the approvals you must get, and| Lendsqr - Empowering the smartest lenders
The big question is: where’s the best place to launch your loan app to reach the most users? Let's take a closer look at the one of them - Apple App Store.| Lendsqr - Empowering the smartest lenders
If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.| Lendsqr - Empowering the smartest lenders
Today, though, we’re diving into the nitty-gritty of how to get a Finance House license. Don’t worry. We’ll walk you through the steps and show you precisely what you need. But first, let’s do a quick refresher on what a Finance House license is all about.| Lendsqr - Empowering the smartest lenders
The FCCPC license is regarded as one of the toughest licenses to get in Africa. But we’ve done the grunt work of putting together all the necessary requirements and information you need to obtain your mandatory FCCPC license.| Lendsqr - Empowering the smartest lenders
The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission| Lendsqr - Empowering the smartest lenders
This guide breaks down what the new FCCPC regulations mean, who they apply to, and how affected businesses can prepare.| Lendsqr - Empowering the smartest lenders
Loans are frequently tied to collateral. However, what isn’t commonly known is that not all loans require it. So how do lenders handle such risky loans?| Lendsqr - Empowering the smartest lenders
This guide will walk you through everything you need to know about securing a student loan as a Zimbabwean studying in the UK.| Lendsqr - Empowering the smartest lenders
Credit union vs Money lenders: If you’re weighing your options, it’s worth understanding how both operates,| Lendsqr - Empowering the smartest lenders
When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed.| Lendsqr - Empowering the smartest lenders
Believe it or not, there are 7.4 million MSMEs in Kenya struggling to access credit, desperately waiting for you to decide to set up shop as a lender in Kenya.| Lendsqr - Empowering the smartest lenders
Given the rapid growth and popularity of digital lending, getting a lending license in Kenya has become necessary for businesses who seek to tap into this market.| Lendsqr - Empowering the smartest lenders
These payment gateways in Kenya and credit bureaus can help you make smart decisions and manage your operations smoothly in the growing digital lending market.| Lendsqr - Empowering the smartest lenders
Niba ari fagitire y'ubuvuzi y'ibanze, gusana inzu byihutirwa, cyangwa se gukomeza kubaho kugeza umushahara ugiye kuza, turabereka porogaramu nziza zo kwaka inguzanyo ya 50,000 RWF mu buryo bwihuse.| Lendsqr - Empowering the smartest lenders
As a lender getting the hang of the lending industry in Rwanda today, a thorough understanding of the legal frameworks is required.| Lendsqr - Empowering the smartest lenders
Drawing from our extensive experience and industry knowledge, we've found Rwanda to be an ideal environment for digital lending. Find out 5 ways to stand out!| Lendsqr - Empowering the smartest lenders
This piece walks through the current loan collection system in Namibia and where smart lenders are focusing their energy if they want to stay in the game.| Lendsqr - Empowering the smartest lenders
Empowering the smartest lenders| Lendsqr - Empowering the smartest lenders
Let’s take a look into how you can navigate these waters and establish a thriving lending business in Trinidad and Tobago.| Lendsqr - Empowering the smartest lenders
If you're trying to figure out how to finance your studies in the UK, here’s a step-by-step guide to securing a student loan as a Kenyan student.| Lendsqr - Empowering the smartest lenders
Most business owners in Kenya are full of ideas but lack the capital to execute. If you're a business owner, this guide makes getting a loan straightforward.| Lendsqr - Empowering the smartest lenders
This report provides a deep dive into the direct debit ecosystem in Kenya from 2019 to 2024. It also examines the regulatory framework governing the system.| Lendsqr - Empowering the smartest lenders
This article explores how digital credit has evolved in Kenya, the challenges it has faced, and the regulatory framework that now governs it.| Lendsqr - Empowering the smartest lenders
This report explores the rise of loan management software in Rwanda, its role in financial services, key players, challenges, and what the future holds .| Lendsqr - Empowering the smartest lenders
In Rwanda, business and SME loans are designed to support the capital and operational needs of enterprises ranging from micro to medium-sized businesses.| Lendsqr - Empowering the smartest lenders
In this guide, we will outline the essential steps to securing a business loan in Zimbabwe, covering lender requirements, the best loan options, and practical tips to enhance your chances of approval.| Lendsqr - Empowering the smartest lenders
That’s where Lendsqr comes in. The end-to-end loan management software offering enterprise-grade features without the enterprise-grade costs.| Lendsqr - Empowering the smartest lenders
Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right?| Lendsqr - Empowering the smartest lenders
Why settle for complicated bank processes when the solution is right in your pocket? Instant personal loan apps are reshaping the dreams of those in India| Lendsqr - Empowering the smartest lenders
There’s no shortage of research to show how crucial consumer credit is to the average Nigerian and the economy as a whole. But we like to think of credit from how it affects people and it is often the one tool people use to deal with economic shocks. In Nigeria, those economic shocks can be| Lendsqr - Empowering the smartest lenders
Zimbabwe’s lending market is like playing a game of Jenga—stacking loans high and hoping it doesn’t all come crashing down. With nominal lending rates that hit a staggering 242% in 2022 (now down to 32.4%), it’s safe to say borrowing here isn’t for the faint-hearted. But lenders aren’t worried about flashy interest rates—they’ve got bigger| Lendsqr - Empowering the smartest lenders
We’ve narrowed down the five most reliable apps that can get you CUP1,500 when you need it most, without any hassle or unpleasant surprises.| Lendsqr - Empowering the smartest lenders
If you’re considering lending in Cuba, here’s what you need to know to get started.| Lendsqr - Empowering the smartest lenders
If you’re considering stepping into Cuba's emerging market, here’s a guide to help you through the process.| Lendsqr - Empowering the smartest lenders
Let’s explore Lendsqr and Mambu, not just the features but the possibilities they represent for a society looking for new ways to improve credit.| Lendsqr - Empowering the smartest lenders
This guide will walk you through the steps to obtain a lending license in Trinidad and Tobago, including tips to help you meet all legal obligations.| Lendsqr - Empowering the smartest lenders
How are local lenders ensuring they don't take on too much risk? By relying on the right partners. Let’s break down the top players shaping the lending ecosystem in Namibia.| Lendsqr - Empowering the smartest lenders
In Kenya, the lenders battle against fraudsters with an estimated 3.2 million people have been blacklisted on Kenya’s TransUnion credit reference bureau.| Lendsqr - Empowering the smartest lenders
A lender’s worst nightmare is being unable to recover loans. This fear has a compelling hold on lenders that many have resorted to scare tactics, harassment and misusing borrowers’ data to force repayment. More often than not, adopting these unethical methods of loan recovery exposes the dire need for improvement of the lenders’ system for| Lendsqr - Empowering the smartest lenders
Are we the only ones who find it alarming that there are digital lenders who give out loans to Nigerians without a credit history? Where exactly is the confidence coming from? Many Nigerians don’t have a formal credit history but this is no surprise. The credit gap in Nigeria is N109 trillion wide and the| Lendsqr - Empowering the smartest lenders
Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At| Lendsqr - Empowering the smartest lenders
Consumer lending is basically loans to individuals, like me and you, to purchase goods and services. Of the forms of consumer lending, credit cards are perhaps the most popular. Yet, if you’re a Nigerian reading this, that last sentence is not very relatable, mostly because not only is consumer lending uncommon in Nigeria, credit card| Lendsqr - Empowering the smartest lenders
Many up-and-coming lenders claim to be financially inclusive and say they are bridging the credit gap, and Coverdey champions these lenders.| Lendsqr - Empowering the smartest lenders
The frustration that comes from not being able to recover your money because Nigerians don’t pay back their loans on time isn’t up for debate. After all, we all get replete with stories of the high and mighty, and the not so mighty, dragging it out with banks regarding bad loans. “The Nigerian attitude to| Lendsqr - Empowering the smartest lenders
Read how direct debit is simplifying payment collection!| Lendsqr - Empowering the smartest lenders
Understand what the CBN's Global Standing Instruction (GSI) is and how it affect loan repayments within the Nigerian financial ecosystem| Lendsqr - Empowering the smartest lenders
At Lendsqr, we believe that just like the way the internet created a level playing field and ushered Africa into the modern age, technology for lending should be powerful, accessible, and affordable.| Lendsqr - Empowering the smartest lenders
Identity verification and liveness checks are central to lending. Learn how we used AWS to build our identity and liveness system.| Lendsqr - Empowering the smartest lenders
Several moons ago, we told you about our new Direct debit feature and how soon it would be available for our lenders. We're proud to announce that "we did a thing" with the new direct debit feature.| Lendsqr - Empowering the smartest lenders
A loan management software is the operating system for lenders, without which most modern and progressive lenders cannot succeed. Any idea what it is?| Lendsqr - Empowering the smartest lenders
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.| Lendsqr - Empowering the smartest lenders
Nigeria's 200 million population offers a vast potential for consumer loan. This guide explores strategies to tap into this market.| Lendsqr - Empowering the smartest lenders
Credit plays an important role in driving economic growth in developing countries like Nigeria by increasing the purchasing power of individuals and households| Lendsqr - Empowering the smartest lenders
A typical loan app primarily involves three (3) key things: Onboarding, Decisioning, and Payment. Use Lendsqr API to make this a reality.| Lendsqr - Empowering the smartest lenders
Saying, “I don't want high-risk borrowers,” is one thing; articulating the low-risk customers you seek is another. Learn how to identify and categorize low-risk borrowers.| Lendsqr - Empowering the smartest lenders
When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.| Lendsqr - Empowering the smartest lenders
With many options available in the market, two prominent loan management platforms that often stand out are Indicina and Lendsqr. Learn more about them.| Lendsqr - Empowering the smartest lenders
At the core of any decent loan management software, you must have payment services or providers that help you manage your loan disbursement and collection process.| Lendsqr - Empowering the smartest lenders
When we started Lendsqr, like every right thinking startup, we relied on SendGrid, which is well-regarded as one of the top email systems globally. While it served us well, as we grew, we found it didn't fully meet all our needs and those of our lenders anymore. After weighing the pros and cons, we knew it was time to find an alternative. So, we began building what the world would soon know as Mailer.| Lendsqr - Empowering the smartest lenders
Lending-as-a-service (LaaS) is in the business of technology and not money lending| Lendsqr - Empowering the smartest lenders
