digital lenders

One-click debt-trap: How product design fuels predatory lending in Nigerian fintech

Micheal Orji, a construction engineer in Lagos, is used to receiving sizable payments from clients. He gets alerts on his…

1 week ago

How do banks and fintechs determine your credit worthiness?

By March 2025, Mubarak Umar had spent a year and a half working as a supplier agent for Sun King,…

7 months ago

Tala lays off 28 staff as loan defaults and customer queries fall

Digital lender Tala has laid off 28 employees from its customer operations team, citing a reduced workload due to fewer…

8 months ago

Kenyan digital lender Whitepath fined $2,000 for unlawful data use in second privacy violation

Kenya’s Office of the Data Protection Commissioner (ODPC)  has fined digital lender Whitepath KES 250,000 ($2,000) for violating data privacy…

10 months ago