By 
Lendsqr, a prominent Nigerian fintech specializing in advanced loan management solutions, has officially launched its platform in Kenya, marking a strategic move to support the country’s financial institutions, including banks, microfinance entities, and digital lenders. This expansion aligns with Lendsqr’s vision of empowering financial ecosystems across Africa with innovative and efficient lending technology.
The newly introduced platform offers a robust suite of tools for loan origination, management, credit assessment, and data analytics. Leveraging cutting-edge AI technology, it optimizes the lending lifecycle for increased speed, security, and efficiency. Among its standout features is the integration of video technology into the loan origination process, utilizing AI to accelerate underwriting and enhance security—ultimately elevating the borrower and lender experience.
Lendsqr’s platform integrates seamlessly with existing core banking systems and ERPs, allowing financial institutions to create a highly customized lending infrastructure that caters to their unique operational needs.
In a recent initiative that underscores its commitment to growth in the sector, Lendsqr launched a ₦1 billion on-lending program in Nigeria in October 2024, aimed at bolstering digital lenders’ capacity to extend credit to underserved communities. This fund provides vital capital for licensed lenders, fostering sustainable growth in digital lending.
With its entry into Kenya, Lendsqr seeks to mirror its success in Nigeria, offering an AI-driven loan management solution that streamlines loan origination, credit decisioning, and recovery processes, empowering financial institutions across Kenya’s dynamic lending landscape to make more confident and informed credit decisions.
Comments