Lendsqr

Lendsqr We help lenders grow, expand and scale their lending business with our outstanding technology stack. We've cracked the Lending Code! How? Origination. Collections.

With our Lending-as-a-Service solution, lenders can build, launch, and scale their digital lending business across multiple channels, at the lowest cost. Here are five outstanding features you can enjoy with our platform:

Credit Scoring. We go beyond the surface to check the worthiness of your borrowers. Our bespoke credit scoring model rates your borrowers and eases your decision process. It’s

also entirely customizable to your specific requirements. We’ve digitized the entire loan origination process. From paper-free loan application channels to algorithm-driven scoring and automatic loan disbursements and recovery. Our automated loan recovery engine picks up your money for you on the due dates from your borrowers' account. Collections are card-driven and completely secure. Disbursements. Control how loans are disbursed - accept or decline loans manually and automatically. Loans are automatically disbursed to customers wallets or Bank accounts directly. Blacklisting and Whitelisting. Bolster security by blocking bad actors and individuals who do not meet your preliminary checks. Also, you can prequalify and whitelist users for special perks and eligibility for your loans. All these can be configured to your preference.

05/12/2025

Most people are underestimating what the FCCPC’s new regulation will do to Nigeria’s credit ecosystem.

According to Olu Akanmu, the changes ahead are not incremental, they’re transformational. This is the kind of insight you only get from someone who has been at the center of the industry for decades.

Don’t just hear a snippet. Catch the full conversation on YouTube: https://youtu.be/a87riWjwM8A

On July 21, 2025, the rolled out the landmark DEON Consumer Lending Regulations, signaling a new era for digital lend...
20/11/2025

On July 21, 2025, the rolled out the landmark DEON Consumer Lending Regulations, signaling a new era for digital lending in Nigeria.

This regulation addresses abuses such as data privacy violations, predatory marketing, automatic lending, and unethical debt collection.

Many lenders and fintech practitioners are still unsure about what this means for their business. Some are worried. Some are uncertain. What does compliance require? What risks exist? What opportunities can be unlocked?

Join Lendsqr exactly a week from now for a must-attend webinar: From Compliance to Capital: How the FCCPC Regulation Unlocks Nigeria’s Consumer Credit.

This session is based on our hands-on experience with lenders in the Lendsqr ecosystem. We have helped them navigate the regulation and now we are extending these insights to the broader industry.

What we will unpack:
1. What the DEON regulation is and what it covers
2. Why it was introduced and the benefits it brings to lenders and consumers
3. How compliance works and what actions are required
4. When the key deadlines and timelines apply
5. Where it applies and which players are affected
6. Opportunities the regulation creates to build trust, scale responsibly, and unlock new capital

Who will lead the discussion
Head of Enterprise at Lendsqr, will break down the regulation and translate it into actionable insights. She will be joined by an experienced commercial and tech ecosystem leader with deep expertise across fintech, banking, telecommunications, FMCG, healthcare, and last-mile distribution. Olu brings a unique perspective on how regulation can drive financial inclusion and innovation.

If you are a , leader, or someone who cares about consumer credit in Nigeria, you cannot afford to miss this. How you respond to this regulation could elevate your business or hold it back.

👉Reserve your spot now: https://lsq.li/webinar

Why do women, who are saving and already proving they can manage money, have no way to access loans when they need it?Ba...
30/10/2025

Why do women, who are saving and already proving they can manage money, have no way to access loans when they need it?

Banks want collateral most don't have.
Documentation that doesn't exist for women running market stalls or small shops.
Eligible guarantors they can't find.

So, millions of women, who manage money better than most, get locked out completely.

But this narrative is changing for good. With our technology, is making credit accessible to thousands of underserved women across Nigeria.

Through this mission,

Market traders can grow their stalls and increase their income
Mothers can start the businesses they've been planning
Women can secure better livelihoods for their families

And this nation will be better for it.

Here's how we're is making this work: lsq.li/how-herconomy-is-making-credit-accessible-to-underserved-women

We built the world's largest database of credit industry players and it's free to use.Thousands of payment providers, cr...
27/10/2025

We built the world's largest database of credit industry players and it's free to use.

Thousands of payment providers, credit bureaus, KYC providers, and data platforms across 192 countries and 7 continents. If lending happens there we've mapped who's doing it and what infrastructure they're using.

We built this because finding reliable service providers shouldn't take weeks of research and dead ends. Now you can explore the entire credit ecosystem in minutes.

Check it out: lendsqr.com/providers

04/10/2025

💻 Would you actually take a loan just to buy a laptop?

For some people, it sounds like madness.

But people borrow every day for cars they can’t afford, aso-ebi they’ll only wear once, and weddings that end in debt.

When you think about it, context matters a lot because most people are not broke due to loans. They’re broke because of the things they choose to borrow for.

Our Lendians discuss it in this episode of "Moneytalks with Experts", you can watch the full vid here: https://youtu.be/3jWzPxIEC7Q

What do you think, is taking out a loan for a laptop a debt or an investment?

“Open banking can be used for different things.... for payments... for loans... for subscriptions...for just data… for o...
15/09/2025

“Open banking can be used for different things.... for payments... for loans... for subscriptions...for just data… for open banking there is 100% coverage... you can put in your account number, tokenize it and make payment.”

Behind Adedeji’s words is a simple promise: everyone should have safe, easy access to financial services, whether you live in Lagos or a small village with no ATM in sight.

In this podcast, Immanuel Ovemeso Umukoro, CDFP talks with Adedeji Olowe about why Nigerians should care about open banking, how it will unlock safer payments, fairer loans, and financial freedom for millions of Nigerians who’ve been left out for too long.

Nigeria is the first African country to pull this off. You need to hear what’s coming.

🎥 Watch the full conversation → lsq.li/why-nigerians-should-care-about-open-banking

25/06/2025

Collected a loan repayment outside of Lendsqr, maybe by bank transfer, USSD, or even cash?

You can (and should) still record it on Lendsqr.

Why? Because untracked repayments create blind spots in your loan portfolio.
They mess up your reconciliation.
They confuse your collections team.
And they make it harder to trust your own numbers.

Lendsqr lets you log external payments manually, so:
Your books stay accurate,
Your metrics stay reliable, and
Your team stays on the same page.
You never lose sight of your money again.

11/06/2025

Every lender wants more borrowers. But ads are expensive, and not everyone who clicks will convert.

You know what works better?
Referrals.

People trust people they already know. And your best customers already know others like them...reliable, creditworthy, and in need of a loan.

With Lendsqr, you can set up a referral reward system that runs automatically. Decide how much to give, who qualifies, and what triggers the reward. The system handles the rest: tracking, assigning, and rewarding.

This way, you grow your loan book with less effort and better-quality leads.

Learn how you can set it up in minutes: https://lsq.li/sl24

30/05/2025

Think about how much time (and peace of mind) you lose when your team has to manually check BVNs on one site, NINs on another, and bank accounts somewhere else.

Not to mention the logins, the API keys.

And yet, all you really want to know is one thing: Is this person real, and can I trust them with money?

That’s why we built Data Lookup directly into the Lendsqr dashboard.

From one place, you can run BVN validation, NIN verification, and even confirm that a bank account actually belongs to your borrower.

22/05/2025

Did you know you can add insurance to your loans on Lendsqr?

It’s easy to think that once a loan is disbursed, your job as a lender is done. You underwrote the risk, you priced it right, and now it’s up to the borrower to repay.

But the real world isn’t that simple.

What happens when a borrower dies unexpectedly? Or lose their job halfway through the loan term? What if something completely outside their control disrupts their ability to repay?

These aren't edge cases, they're everyday risks that can quietly eat into your portfolio and erode profitability. And unfortunately, many lenders either absorb the loss or get dragged into uncomfortable, often futile recovery efforts.

But there’s a better way to protect both your balance sheet and your borrowers’ dignity.

With Lendsqr, you can easily add credit life insurance to your loans directly from the platform. It’s built into the flow, just like it should be.

This means that if the borrower passes away or becomes permanently incapacitated, the loan is covered.
You get paid.
Their loved ones aren’t harassed for money.
Everyone walks away with their integrity intact.

Beyond the operational benefit, this has a branding edge. You’re not just offering loans; you’re offering thoughtful financial products that account for life’s unpredictability.

That’s how you build trust at scale.

08/05/2025

Honestly, Nigerian borrowers can be frustratingly creative.

One minute you think you’ve onboarded “Emeka Johnson", next thing, you’re chasing someone whose real name is nowhere near your records.

That’s the problem when you let people sign up with just anything.

Wrong names.
Fake numbers.
Emails that don’t exist.

And when it’s time to collect the loan? You have to become a detective.

That’s why we made it possible for borrowers to sign up with hashtag , hashtag , or hashtag on Lendsqr.

This way, you get verified details straight from their actual accounts.
Clean onboarding. Real customers. Fewer headaches.

Better data at sign-up means fewer problems later, and honestly, you’ve got better things to do than chase ghosts.

30/04/2025

Lending isn’t always just about giving money directly to the borrower.

Sometimes, you need to ensure that the funds go exactly where they’re needed, whether that’s paying for a child’s school fees or covering a tenant’s rent.

With Lendsqr, you can make those disbursements directly to the third-party, cutting out the middleman and ensuring the money is used for its intended purpose.

Think about it: As a lender, your goal is to make sure the loan serves its purpose, and what better way to do that than by sending the money straight to where it’s needed most?

This feature not only helps keep your loans on track, but it also builds trust with your borrowers and the third parties involved.

Address

4 Perez Drive, Lekki Phase 1
Lagos

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00

Telephone

+23417005282

Website

Alerts

Be the first to know and let us send you an email when Lendsqr posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Lendsqr:

Shortcuts

Share

Category