• The future of Lendsqr depends on open banking

    Open banking enables financial service providers and users to access real-time comprehensive data and insights, allowing them to make informed financial decisions. A major use case for this is lending. Consequently, for lending SaaS providers like Lendsqr, their ability to successfully optimize the loan process, improve underwriting and decrease lenders’ credit risk depends on open …

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  • The potential impact of open banking on the growth of fintech in Africa.

    Open banking is an evolving concept in Nigeria which is yet to be operational for African countries as of Q1 2023. However, it has the potential to greatly benefit the country’s economy. Open banking allows financial institutions to share certain data with authorized third parties, such as fintechs, in order to access new products and …

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