Question 1

What is Lendsqr and how does it work?

Accepted Answer

Lendsqr is a cloud-based loan management and lending-as-a-service platform that helps lenders run the entire lending lifecycle from origination to collections across web, mobile, and other channels. It provides tools for loan product setup, credit decisioning, disbursement, repayment, and back office operations so lenders can launch and scale digital lending without building their own infrastructure.

Question 2

How much does Lendsqr cost?

Accepted Answer

Lendsqr has tiered pricing with Starter, Growth, and Enterprise style plans, and describes itself as very affordable compared to building an in-house platform. Exact fees are not publicly listed, so you need to contact Lendsqr sales through the website to get pricing for your specific use case.

Question 3

What countries does Lendsqr operate in?

Accepted Answer

Lendsqr is based in Nigeria and states it can serve lenders across every African country, with confirmed dedicated market launches including Kenya, Ghana, and South Africa, and an existing customer base in Rwanda. The platform states it is available in more than 190 countries overall and is localized for different currencies and locales.

Question 4

How do I sign up for Lendsqr?

Accepted Answer

To sign up, you can go to the Lendsqr website and start from the “Start,” “Get started,” or solution pages, then complete the onboarding form with your business details to create a lender account. After registration you can configure your loan products and channels and begin accepting loan requests, often within a short setup time.

Question 5

Does Lendsqr have a mobile app?

Accepted Answer

Yes, Lendsqr has a mobile app on Android called Lendsqr Admin for lenders to manage their businesses on the go, and they also build custom, white-labeled mobile apps for the individual credit providers using their platform.

Question 6

Who is Lendsqr best suited for?

Accepted Answer

Lendsqr is best suited for licensed lenders and organizations that offer credit, such as digital lenders, banks, fintechs, microfinance institutions, and SMEs that want to manage and scale loan products digitally. It is geared toward teams that need an end-to-end platform rather than individual consumers seeking a one-off personal loan.

Question 7

How do I contact Lendsqr support?

Accepted Answer

You can contact Lendsqr support by sending an email to support@lendsqr.com or through the contact or support options on their website, where you can submit a form with your inquiry. Existing customers may also have in-app or account-manager support channels, depending on their plan.

Question 8

Does Lendsqr have a plan for teams or businesses?

Accepted Answer

Yes, Lendsqr is designed for teams and businesses, with back office tools, user roles, and enterprise-level features for organizations running lending operations. The whole platform is oriented toward business and institutional use rather than individual users.

Question 9

Does Lendsqr offer an API or integrations?

Accepted Answer

Yes, Lendsqr offers a public API. View the official Lendsqr API documentation for endpoints, authentication, and integration guides.

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