Lendsqr

At Lendsqr, we constantly contemplate on the possibility of providing every African with loan access precisely when it's required. But we cannot do all these without committed and incredibly smart people who share the same passion and vision for Africa. We need you. Join us! 💻 Sales Managers Lendsqr is on the lookout for an innovative Sales Manager to join our dynamic team. As a key player in our growth journey, you'll unleash your strategic prowess, nurture client relationships, and propel our cutting-edge solutions to new heights. If you thrive in a fast-paced, collaborative environment and have a track record of exceeding sales targets, apply now https://lnkd.in/dVB8mkFd 🔍 Product Specialists Join our innovation journey! Lendsqr is on the lookout for a dynamic Product Specialist to drive excellence in fintech. Are you passionate about crafting cutting-edge solutions and shaping the future of lending technology? Here's your chance to make a significant impact. Be a part of a team that's revolutionizing lending. Apply now https://lnkd.in/dV4VC7mQ 👨💼 Account Managers If you're passionate about building strong client relationships, driving business growth, and thriving in a collaborative environment, this role is tailor-made for you. As an Account Manager at Lendsqr, you'll have the chance to make a meaningful impact in the fintech industry, working alongside a talented group of professionals. Join us in reshaping the future of financial services! Apply now https://lnkd.in/dg7e_SDJ 🚀Product Support Officers Join us at Lendsqr as a Product Support Officer! As a key member of our dynamic team, you'll play a pivotal role in ensuring our customers receive top-notch support and guidance. If you're passionate about problem-solving and client satisfaction, this is your chance to shine. At Lendsqr, innovation and growth opportunities await you. Apply today https://lnkd.in/dGhKXEGb

Lending is one of the oldest businesses in the world. Which is why the foundation and superstructure of every modern economy is built on credit. Credit is so important it’s one of the most regulated industries in every country. But just like everything else, it has evolved with technology. Unfortunately, the technology for modern finances could be as expensive and complex as rocket science. This has left thousands of lenders and the hundreds of millions of Africans out of luck. At Lendsqr, we believe that just like the way the internet created a level playing field and ushered Africa into the modern age, technology for lending should be powerful, accessible, and affordable. Lendsqr has cracked the lending code, so that lenders worldwide can have access to the best technology, and use credit to lift billions to their dreams and a better life. Swipe to see how we do it. PS: Which of these problems are you currently facing?

So, you thought collecting borrower data online was only possible with filling forms and uploading documents? Think again. We just rolled out a new feature at Lendsqr—video and audio data collection. Yep, now borrowers can literally tell you their story, in their own words. Why? Because a form can only tell you so much. But a video or an audio clip? That’s context, that’s personality, that’s insight. This isn’t about more data. It’s about better data. And it means lenders can make decisions that are sharper, faster, and a bit more human. Welcome to lending, upgraded.

Kenya, your lending game just got an upgrade! 🤩 Lendsqr is thrilled to announce that we’re now fully set up to empower lenders across Kenya with the tools they need to grow, scale, and succeed. Whether you’re just getting started or looking to scale your operations, Lendsqr’s technology makes lending simpler, smarter, and faster. Now, you have the power to do more for your borrowers and cut down the headaches that come with managing loans. This is just the beginning. We can’t wait to partner with you on this journey and see how far we can go together. Ready to see how Lendsqr can make your lending journey smoother? Send us a DM. 🚀

Don't think about starting a lending business in Kenya without reading this first: https://lnkd.in/ejcixR5W

A lot of the time, success isn't by reinventing the wheel. It's by learning what others are already doing well and replicating it. Especially as a new lender in a new country, why try to guess? Look at Kenya: Loan apps like M-Shwari by NCBA Group and Safaricom PLC, KCB Bank Group M-Pesa, Tala, Zenka Digital, and Timiza by Absa Bank Kenya aren't hiding their playbook. They're leveraging mobile money platforms, instant loan approvals, alternative data for credit scoring, and aggressive digital marketing. These are tried and tested moves that have brought them millions of customers. You don't need to be a genius to win. You just need to do what works—and do it well. The lenders who do this well are the ones that win.

Navigating debt recovery can be complex, but with the right approach and timely action, you can manage and recover what is owed. Taking up legal cases of loan defaulters does not have to immediately after their default. You can try a few things before the need for legal action. 1. Attempt to resolve the issue through open communication. 2. Consult a legal professional when informal attempts for loan recovery do not work. 3. Issue a formal demand letter to the borrower loan defaulter which clearly states the amount owed, interest and a deadline for repayment. 4. If the defaulter remains unresponsive, you can file a legal case to the court.

Loan defaulters are fraudsters, plain and simple. Because why would a person who earns ₦300,000 per month take a ₦1 million naira loan with no solid plans of paying back??? Let’s be clear, there’s a big difference between the ability to pay and the willingness to pay. The latter is the worst because they think they can game the system, drag their feet, and eventually get away with it. So, what can you do about it? 🛑 Tighten your processes 🛑 Do your due diligence And when someone defaults and you know it’s not because they can’t pay, but because they won’t, don’t hesitate to act. 🛑 Follow through 🛑 Take legal action if you must. It’s not easy and it’s not cheap but you need to send a message that this kind of fraud won’t be tolerated.

It's time we gave credit where credit is due. There are 13 women shaping the Nigerian credit landscape, making waves in an industry that desperately needed shaking up. These women are making it easier for the average Joe (or Adebayo) to get a loan without selling their kidneys. They are: 💥 Yvonne Johnson, Co-founder of Indicina 💥 Oluwatosin Olaseinde, Founder of Money Africa 💥 Temitope Omotolani, Co-founder of Crowdyvest 💥 Dayo Odulate-Ademola, Managing Director of Branch International 💥 Olayinka Alimi, FCCA, Chief Operating Officer at Oxygen X 💥 Taba Peterside, F.CIoD, MCIB, Founder of Waveline Growth Partners 💥 Chioma O., Co-founder and Chief Operating Officer of Payhippo 💥 Yetunde Faulkner, Founder of Rex Africa 💥 Bola Oduyale MBA, FCIB, Founder of Creditwise 💥 Mosunmola Fadahunsi, Founder of Lendvisery Services Limited 💥 Rukayat Kolawole-Bello, Co-founder of Regxta 💥 'Solape Akinpelu, CEO of HerVest 💥 Grace Effiom, Head of Enterprise at Lendsqr Take a look at these game-changers and say you don't feel a bit more hopeful about where Nigeria is headed.

Don’t be naive. Sure, people change, businesses recover, and sometimes, giving someone a second chance pays off big time. But, don’t be naive. This is your money, your business, your reputation on the line. Think about it: Why were they blacklisted in the first place? Was it a one-off mistake, or are we talking about a pattern of reckless behavior? If someone’s been blacklisted for defaulting left, right, and center, do you really want to be the one who gives them a second chance? What’s changed since then? Have they gotten their act together, or are they just good at convincing people they have? Don’t just take their word for it—verify. Are you prepared for the risk? Lending is a very risky business. If you’re going to take the plunge, you better be ready for what comes next. Maybe you’re willing to take the risk, maybe not. But you need to know what you’re getting into. Don't be naïve, over.