Lending is a profitable business and is probably as old as time itself. Lending has subsequently evolved into fintech, which when done well, grows faster and attracts significant valuations than traditional banks. But lending is a tough business and those who do it deserve special praises and sometimes even prayers…

Credit is one of the surest ways to grow an economy and bring smiles to the faces of small business owners, artisans trying to finish a supply, and fathers trying to provide for their families. If you’re a lender reading this, you’re probably thinking you made the right decision choosing…

You should see Nigerians talk about politics and governance: the passion, anger, exasperation, pain, conviction, contempt. Then, you should see Nigerians talk about the high interest rates lenders charge: the passion, anger, exasperation, pain, conviction, contempt. After politics, high interest rates come in at a close second in the list…

A not-so-fun fact you need to know about running a lending business is that the biggest challenge every Nigerian lender faces is not technology, capital or regulatory constraints, but rather the simple but scary fact that Nigerians don’t pay back their loans. While one might be tempted to sympathize and…

Take a moment to think about how much effort and resources went into launching your digital lending business and look with optimism on the challenges that may lie ahead; nothing gets your heart racing several miles per minute like the chance that you may not recover your loans right? …

Access to credit is a major pain point for millions of Africans and Nigerians in particular; from the small business owner who needs capital to grow their business, to the average salary earner who needs a loan for an emergency. Usually, this isn’t because of an absence of funds to…

Blocka Cash is one of the fastest growing and the easiest digital lenders in Nigeria with a clear ambition to become the lender of choice in a market where over N74 trillion of credit gap is a perennial problem. The Blocka Cash team set out to rewrite the rules of…

and how to start out — By Malaika Ademola-Majekodunmi “So…You’re just a glorified errand girl.” Two months ago, I was having a conversation with a good friend of mine. We spoke about work and, eventually, the conversation ended with that statement above — let’s just say, it didn’t end well. To provide better context, however, I…

The good, the bad, and the ugly… By Malaika Ademola-Majekodunmi For those who may not know, Lendsqr is a Lending-as-a-Service company and not a lender. What does this mean? I’ll explain. In simple terms, we provide Lenders with the technology they need to succeed. To go further, Lendsqr provides lenders…