A B2B startup providing infrastructure for digital lenders, enhancing the lending process in Nigeria.
Digital lenders face up to ₦100m fine for unethical conduct under FCCPC new rules
The FCCPC has introduced fines ranging from ₦50 million to ₦100 million for digital lenders engaging in unethical conduct. New regulations require all lending entities, including those licensed by states, to register and adhere to fair treatment of customers.
How Nigerian founders are de-dollarising their startups
The naira's depreciation has led to a regression in revenue for Nigerian startups when measured in dollars. TechCabal hosted a salon-style discussion on cost-cutting strategies attended by notable companies like Piggyvest and Kuda.
Lendsqr develops AI to assess Nigerian borrowers by face and voice
Lendsqr is building an AI model to analyze borrowers' voices and faces for loan qualification. The model aims to assist Nigerians without financial documentation in obtaining small loans between ₦30,000 and ₦50,000.
Lendsqr launches voice, video AI for loan assessments
Lendsqr has developed an AI-centred voice and video analysis model for loan assessments. The model targets underserved populations in Nigeria, especially those in the informal sector.
Lendsqr expands operations into Kenya with launch of advanced loan processing platform
Lendsqr expands operations into Kenya. Introduction of an advanced loan processing platform.
