Lendsqr 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Lendsqr

4.5

(52)

Pricing

Pricing available upon request

About Lendsqr

Lendsqr is an end-to-end digital lending platform that automates the entire credit lifecycle for lenders. Lendsqr serves banks, microfinance institutions, fintechs, SME lenders, and human resources departments looking to digitize and scale their lending offerings.

The platform provides configurable decision models to evaluate borrower creditworthiness beyond the surface level. Lendsqr has digitized the entire loan origination process for a streamlined experience. Borrowers can repay loans through multiple digital channels set up by the lender. Customizable loan forms collect relevant data to inform smart lending decisions. Lendsqr integrates with payments, data providers, and one of Nigeria's largest blacklists to verify borrowers and check for fraud. The platform offers extensive insights into borrowers with more data points than comparable systems.

Lenders can reach customers at scale across web, mobile, and SDK channels. The white-label mobile app is customizable. With extensive automation and data, Lendsqr empowers lenders to make smart decisions and ensure timely repayments.

Lendsqr Screenshots

Lendsqr Pricing and Plans

Starting price: Pricing available upon request

Free Trial

Free Version

Lendsqr Features

Popular features found in Loan Servicing
Accounting
Amortization Schedule
Automatic Funds Distribution
Collateral Tracking
Compliance Management
Contact Management
Document Management
Loan Portfolio Management
Payment Collection
Reporting/Analytics
More features of Lendsqr
ACH Payment Processing
Activity Dashboard
Activity Tracking
Alerts/Notifications
API
Approval Process Control
Audit Trail
Auto Loans
Borrower Management
Business Loans
Construction Loans
Credit Reporting
CRM
Customer Database
Customizable Reports
Customizable Templates
Data Import/Export
Data Security
Document Storage
Electronic Payments
Investor Management
Lead Management
Loan Processing
Mobile Access
Mortgages
Multi-Channel Communication
Multi-Company
Multi-Currency
Payment Reminders
Pipeline Management
Role-Based Permissions
Student Loans
Third-Party Integrations
Transaction History
Workflow Management

Lendsqr Integrations

Paystack

Temenos Core

Loandisk

Infobip

Freshdesk

Stripe

See all 9 integrations

Lendsqr User Reviews

Overall Rating

4.5

Ratings Breakdown

58%

31%

12%

Secondary Ratings

Ease of Use

4.5

Value for money

4.3

Customer support

4.5

Functionality

4.6

Faithful A.

Verified reviewer

Banking

2-10 employees

Used daily for less than 6 months

Reviewed May 2023

Lendsqr Product Review

My overall experience with lendsqr was exhilarating and very satisfying. It solved majority of my lending problems!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

What i like most about lendsqr is the safety assurance it comes with and the easily accessible technology it offers to me as a Lender

Cons:

While they have an impressive customer support system, an artificial intelligence feature could be added for better customer support.

Vendor Response

Thanks for the feedback and we look forward to being better than ever.

Replied May 2024

Joshua E.

Verified reviewer

Photography

Self-Employed

Used daily for free trial

Reviewed January 2025

Good customer service

Well, I'm yet to tell how it will go because I'm yet to receive the loan

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

So far the customer service is nice and i think they're good at what they do

Cons:

I go a little issue verifying my account

Vendor Response

Thank you for the kind words about the customer service. I am glad the team made a good impression. I see you had some trouble verifying your account. That should not happen, so I will check with the lender using our platform to understand what went wrong. Since Lendsqr is not a lender but provides the technology that powers lenders, we will also make sure the experience across the board is better.

Replied March 2025

Alloysius F.

Verified reviewer

Information Technology and Services

11-50 employees

Used weekly for less than 6 months

Reviewed June 2024

Alloysius Francis Review

Quite Intriguing. The fact that the customer was actually considered in the building phase, is clearly evident.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Simplicity of infrastructure, ease of use, customer service, effective UI

Cons:

Whilst the information on their site is straightforward, a newbie would still need a helping hand which might prove difficult due to privacy restrictions

Vendor Response

Thanks for your review. We're sad that you find some aspects of the software difficult. We would be glad to know more about these issues so that we can make them easier for you and everyone else. Please get in touch with us.

Replied July 2024

Tom O.

Verified reviewer

Financial Services

2-10 employees

Used daily for less than 6 months

Reviewed October 2024

Review of Lendsqr

Near perfect. Though I am new to the software am already using it like a pro.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The AI nature of the apps makes it easy to navigate. I really enjoy using lendsqr

Cons:

Late receipt of Otp could sometimes be very stressful.

Vendor Response

Thank you for your feedback and for highlighting the ease of navigating Lendsqr’s app! We’re thrilled to hear that you’re already using the software like a pro. We recognize that delays in OTP receipt can be stressful, and we’re actively working to ensure faster and more reliable delivery to enhance your experience. Your insights help us improve, and we’re always here to assist you.

Replied December 2024

Achalu P.

Verified reviewer

Business Supplies and Equipment

Self-Employed

Used weekly for free trial

Reviewed July 2024

A closer look at Lendsqr: My experience

User interface is clean and easy to navigate. Registration is straight forward, requiring basic information. Loan application process is effortless and easy to understand. Document upload is easy but would be easier if more file formats are permitted. Repayment options is flexible. Security and data protection is reliable. Using an industry standard security process (two factor authentication) to verify user data and industry standard encryption to protect user data. Customer's support is very responsive and helpful.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The application process is easy and straight forward (it can be completed online using the lendsqr mobile app). There are various loan options such as loan products, personal loan, business loan and payday loan with flexible payment options.

Cons:

Limited branch network. It is an online platform and sometimes borrowers may need to visit a physical branch.

Vendor Response

Hello Achalu, thanks for your review and the capabilities that meet your needs. Lendsqr is designed for online and offline lenders. It has branch and account manager capabilities. We're sorry if that feature didn't immediately stick out for you to explore. We would be glad to demo this for you if you can email as soon as possible.

Replied July 2024

Oluwabukola O.

Verified reviewer

Commercial Real Estate

11-50 employees

Used daily for free trial

Reviewed October 2024

Lendsqr is easy to use.

My overall experience with lendsqr is that it has great features which are easy to use and which makes the loan application process smooth. Also it has a good security.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Lendsqr has a user friendly interface. Signing up and the loan application process is straightforward which makes it easy for users.

Cons:

Initial sign up processes and log in can be a bit difficult.

Vendor Response

Thank you for your positive feedback! We’re delighted that you find Lendsqr easy to use and appreciate the user-friendly interface, smooth loan application process, and robust security. We understand the initial sign-up and login experience can sometimes feel challenging. Your input is invaluable, and we’ll work on streamlining these processes further to ensure a seamless experience for all users.

Replied December 2024

David O.

Verified reviewer

Food & Beverages

Self-Employed

Used daily for free trial

Reviewed August 2024

Lendsqr experience

Awesome coming across such a platform that create an avenue for small medium enterprises.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Instant response to customers requests, Act of making lending business seamlessly.

Cons:

lendsqr is a great initiative and making life easy through transaction automation.

Vendor Response

Thank you for sharing your experience with Lendsqr. We’re pleased that our instant response and seamless automation are helping make lending operations efficient for businesses like yours. Supporting small and medium enterprises is central to our mission, and it’s encouraging to know the platform is creating value for you. We appreciate your trust in Lendsqr and remain committed to simplifying lending processes for you.

Replied December 2024

Ajidagba O.

Verified reviewer

Education Management

Self-Employed

Used monthly for less than 6 months

Reviewed November 2024

Lendsqr leading fintech company in Nigeria

Lendsqr is one of the best fintech company out there with easy access to loans granted to borrowers and not o my that,lenders also have the change to have their own loan company under Lendsqr with all the hard work been done for them. Well I’d say,Lendsqr is really a great fintech company,my personal experience on the website/app makes me say all these.Loan application was easy and not really delayed,so far you have your vital information etc.You’d get your loan approved within 24hours.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The Lendsqr app / website is user friendly and allows applicants to easily have access to different loan services.

Cons:

Website / app tends to be slow sometimes during application

Vendor Response

Thank you, Ajidagba, for taking the time to share your experience with Lendsqr. We’re thrilled that you find our platform user-friendly and beneficial for both borrowers and lenders. Ensuring seamless access to loan services is at the core of what we do. We appreciate your feedback on website/app speed during applications. We’re actively working to optimize performance and provide an even faster, more reliable experience for all our users. Your positive words motivate us to keep improving. If you have any further suggestions or need support, please don’t hesitate to reach out. Thank you for trusting Lendsqr!

Replied December 2024

Bryson A.

Verified reviewer

Apparel & Fashion

Self-Employed

Used weekly for less than 6 months

Reviewed January 2025

Best Lendsqr

The services are good and the fee is of a very reasonable point.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The Best And Easy Square And very understanding products website is very easy to navigate

Cons:

The process of making decisions is completely complicated

Vendor Response

Thank you for the kind words. I am glad the site is easy to use and that the pricing feels fair. That feedback about the decision-making process being complicated is helpful. I will dig into it with the team and see what we can simplify so things feel less confusing. Thanks again for taking the time to share this.

Replied March 2025

Nonso O.

Verified reviewer

Information Technology and Services

2-10 employees

Used daily for less than 6 months

Reviewed October 2024

Quick funds with Ease

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I like their Resilience, customer service and dedication to work.

Cons:

I don't have anything in mind that I don't like about them.

Vendor Response

Thank you for your kind words! We’re grateful to hear that you appreciate our resilience, customer service, and dedication to work. Delivering quick funds with ease is what we strive for every day. We’re glad to know you don’t have any cons in mind. If you ever have suggestions or feedback in the future, we’re always here to listen.

Replied December 2024

Showing 1 - 10 of 52 Reviews

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