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Lendsqr

Lendsqr 2026: Benefits, Features & Pricing

On this page
  • Overview
  • User Interface
  • Popular Alternatives
  • Pricing and Plans
  • Features
  • Integrations
  • User Reviews
  • Popular Comparisons

Overview

Lendsqr
Lendsqr
4.5
(52)

Pricing

Pricing available upon request

Top Alternatives

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 User Interface

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0
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3

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
Paystack
Temenos Core
Temenos Core
Loandisk
Loandisk
Infobip
Infobip
Freshdesk
Freshdesk
Stripe
Stripe

See all 9 integrations

Lendsqr User Reviews

Overall Rating

4.5

Ratings Breakdown

5

58%

4

31%

3

12%

2

0%

1

0%

Secondary Ratings

Ease of Use

4.5

Value for money

4.3

Customer support

4.5

Functionality

4.6

Faithful's profile
Faithful A.

Verified reviewer

Banking

2-10 employees

Used daily for less than 6 months

Reviewed May 2023

Lendsqr Product Review

5

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

Ratings Breakdown

5
Ease of use
5
Value for money
4
Customer support
5
Functionality
icon
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

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TO
Tom O.

Verified reviewer

Financial Services

2-10 employees

Used daily for less than 6 months

Reviewed October 2024

Review of Lendsqr

5

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

Ratings Breakdown

5
Ease of use
4
Value for money
4
Customer support
5
Functionality
icon
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

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Bello karimat's profile
Bello karimat I.

Verified reviewer

Cosmetics

Self-Employed

Used weekly for free trial

Reviewed July 2024

My opinion 😊

3

It's a bitter sweet one, but mostly sweet. I think It'll be nice to have an app

Ratings Breakdown

2
Ease of use
3
Value for money
5
Customer support
4
Functionality
icon
Pros:
I'd say the way it's easy to navigate their website and their customer support team always keeping me up to date with emails
Cons:
Sometimes the website lag a lot and loads very slowly

Vendor Response

Thank you for sharing your experience. We’re glad you find the platform easy to navigate and appreciate our customer support team's updates. We note your concern regarding website performance and loading times. Optimizing speed and reliability is a priority, and we’re working to address this. Your suggestion for a dedicated app is also well taken and aligns with future considerations. We value your input as it helps us improve.

Replied December 2024

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OO
Oluwabukola O.

Verified reviewer

Commercial Real Estate

11-50 employees

Used daily for free trial

Reviewed October 2024

Lendsqr is easy to use.

5

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

5
Ease of use
3
Value for money
3
Customer support
5
Functionality
icon
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

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AO
Ajidagba O.

Verified reviewer

Education Management

Self-Employed

Used monthly for less than 6 months

Reviewed November 2024

Lendsqr leading fintech company in Nigeria

4

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

4
Ease of use
4
Value for money
4
Customer support
4
Functionality
icon
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

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BA
Bryson A.

Verified reviewer

Apparel & Fashion

Self-Employed

Used weekly for less than 6 months

Reviewed January 2025

Best Lendsqr

4

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

Ratings Breakdown

5
Ease of use
4
Value for money
5
Customer support
4
Functionality
icon
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

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FE
Funmilayo E.

Verified reviewer

Wholesale

Self-Employed

Used monthly for free trial

Reviewed January 2025

My performance view of Lendsqr

4

My overall experience was really good and created an avenue to learn ana d they new things

Ratings Breakdown

4
Ease of use
4
Value for money
5
Customer support
3
Functionality
icon
Pros:
I liked the fact that that I could ask for help from support and it was easy to understand. I could easy create loans without issues
Cons:
I didn't like that if I left the website for a bit it refreshes and I have to start again

Vendor Response

Thank you so much for your feedback. I am really glad you found the platform easy to use and that our support team was helpful. That is exactly what we aim for: simplicity and reliability. The auto refresh issue you mentioned is definitely not the experience we want anyone to have. I will make sure the team looks into it and resolves it as soon as possible. It is great to hear that the experience gave you a chance to learn and explore new things. Thanks again for taking the time to share.

Replied March 2025

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AP
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

4

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

4
Ease of use
4
Value for money
5
Customer support
5
Functionality
icon
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

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NO
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

5

Ratings Breakdown

5
Ease of use
5
Value for money
5
Customer support
5
Functionality
icon
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

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DO
David O.

Verified reviewer

Food & Beverages

Self-Employed

Used daily for free trial

Reviewed August 2024

Lendsqr experience

5

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

Ratings Breakdown

5
Ease of use
5
Value for money
5
Customer support
5
Functionality
icon
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

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Showing 1 - 10 of 52 Reviews

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