IFIS Japan Ltd.

Choosing the right accounting software can have a significant impact on the efficiency and profitability of a loan business. While both Zoho Books and QuickBooks offer powerful financial management capabilities, they differ in areas such as automation, integrations, scalability, pricing, and ease of use. This article compares Zoho Books and QuickBooks from the perspective of lenders, helping you determine which platform is better suited for managing loan operations, tracking repayments, maintaining compliance, and supporting business growth.

For years, digital lending in Nigeria operated in a data grey zone. Platforms collected more borrower information than they needed, shared it with third parties under vague terms, and used it for purposes borrowers never agreed to. Debt recovery sometimes crossed into harassment, with lenders accessing contact lists and sending messages to borrowers’ family members. […]

A borrower’s right to data privacy is not negotiable. Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans, but that fear can never justify invading a borrower’s privacy. Responsible lending means collecting only the data you truly need and nothing more. Borrowers privacy is a fundamental right, and it must never be compromised.