A cloud loan management and lending-as-a-service platform for licensed lenders to manage origination, decisioning, disbursement, and collections across web, mobile, USSD, and APIs, serving lenders across Africa.

Lendsqr Product Overview

Is Lendsqr Right for You?

Liners prepares and updates these highlights as product information changes. Editorial standards

Best For

  • Licensed lenders
  • Digital lending startups

What It Does Well

  • Loan origination workflows
  • Loan decisioning tools

Things to Check

  • Licence requirement
  • USSD setup needs

About Lendsqr

Screenshot of Lendsqr website

Lendsqr is a cloud-based end-to-end loan management and lending-as-a-service platform for licensed lenders that supports the full lending lifecycle, from loan origination to collections.

Key capabilities include:

  • Loan lifecycle workflows across origination, decisioning, approval, disbursement, and collections, designed for day-to-day loan operations and portfolio oversight.
  • Multi-channel lending distribution to launch digital lending across web, mobile, USSD, and APIs, with configurable delivery options for different borrower segments.
  • Loan product and application configuration, including tools to create and manage loan products and tailor application experiences for specific lending models.
  • Collections and recovery tooling, with payment and collections features and Adjutor APIs such as direct debit and Karma blacklist checks to support repayment and borrower risk screening.

Available on Web, Android (Back Office app), plus APIs/SDK and USSD support.

It is designed for banks, microfinance institutions, fintech lenders, SME lenders, and HR or payroll-linked lenders that need configurable infrastructure to run digital lending without building a proprietary stack.

Founded in Nigeria, Lendsqr states it can serve lenders across the African continent and beyond, with localization for local currencies and regulatory requirements. The product explicitly states it is not a lender; it provides software infrastructure for lending businesses.

Lendsqr Facts

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Pricing & Fees
Variable pricingPricing varies by plan: Free $0 per month, billed monthly; Pro $200 per month, billed monthly; Business $500 per month, billed monthly; Enterprise: Custom; “Talk to our team for custom pricing.”

As of Sep 28, 2026, Lendsqr is rated 4.3 on Google Play from 33 reviews with 10K+ installs.

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Lendsqr Funding History

Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source data

Lendsqr has raised $1M across 1 recorded funding event. The latest was Seed in Mar 2022.

Total Raised:
$1M
Latest Round:
Seed

Lendsqr Investors & Funding Rounds

Seed$1MMar 2022

Lendsqr Founders & Leadership Team

Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Adedeji Olowe

Latest Lendsqr News & Updates

Liners collects product news from official company updates and trusted publications. We refresh coverage as new articles are published. How we source data

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Jobs at Lendsqr

TitlePosted
Visual Designer Intern (Remote)Jun 1, 2026
Visual Design Intern (Remote)Jun 1, 2026

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Frequently Asked Questions About Lendsqr

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.

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.

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.

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.

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.

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