We will use AI to transform lending in Nigeria and Africa

Hello there! 👋

It’s 2024 and it’s a happy new year🎊

As we step into the crisp and promising landscape of January, we’re eager to unveil exciting updates from Lendsqr. These enhancements are akin to the dawn of a new year, full of possibilities, designed to enhance your lending journey for a brilliant start to the year! 🌟❄️

In the spirit of embracing this season of change, the past month has been a mosaic of creativity and refinement, crafting features to ensure your lending journey flourishes like the fields after the first rains. So, find a comfortable spot, maybe with a warm bowl of your favorite soup, and let’s explore the January edition of the Lendsqr newsletter together! 🍲🎁

What’s New

🚀 Lendsqr secures AI Grant from the Federal Government of Nigeria

Lendsqr, recognized as the lending tech leader in Nigeria, has won a grant from the Ministry of Communications, Innovation & Digital Economy to research further into the use of AI to originate, underwrite and repay loans.

What does this mean for you?

👥 Reach more customers, close the credit gap

With this grant, we aim to extend your reach to the underserved population, making financial inclusion a reality. Connect with a broader customer base and enhance your lending impact.

🎯 Best customers, less risk

Benefit from a cutting-edge AI model that precisely filters out undesirable borrowers and fraudsters. This ensures you get the best customers, minimizing risks and maximizing your lending efficiency.

💸 Empower your repayment journey

Take control of how you want to get repaid. Our AI-driven approach puts the power in your hands, allowing for a tailored repayment strategy that suits your unique preferences.

🔬 Scientific progress, transformative impact

This isn’t just a project; it’s a scientific endeavor poised to revolutionize the lending landscape. Anticipate positive changes as we work towards completion by the middle of the year.

What’s Better?

🌟Enhanced Admin UX Now Live!

Our upgraded Admin UX is officially live! Your admin console has undergone a sleek makeover, offering improved search, seamless navigation, and a visually appealing interface that transforms your lending experience. What’s even better? You have until January 31, 2024 to transition smoothly while still having access to the previous version of the Admin console.  Dive into the enhanced Admin console today and discover a new level of administrative efficiency! 🖥️✨

What’s Cooking?

💸  Elevate your reach with USSD

Gear up to effortlessly extend your lending reach! Soon, your customers will be able to seamlessly access and take loans through USSD operations. It’s more than just access; it’s about unlocking new possibilities in the palm of your hand. Please email [email protected] to reserve your USSD code. 🌐

🔐 Simplified Authentication with OTP via SMS

No more 2FA hurdles! For lenders who haven’t activated 2FA on the admin console, accessing OTPs via SMS is about to become a breeze.  A smoother, faster, and more convenient authentication process is on the horizon because we believe your time is precious, and your security shouldn’t be compromised. Experience the convenience of seamless authentication! ⚡

🔄 Kolo: Your All-in-One Financial Hub

Picture this: effortlessly managing all your bank accounts in one app. Well, get ready to turn that into reality with Kolo! Kolo is a financial hub that consolidates all your accounts in one place. This experiment, fresh out of our labs, is about to transform your financial experience. Be a part of our beta launch and join the journey to redefine how you view your finances! 🚀🔍

We’re dedicated to ensuring that your lending journey with Lendsqr remains effortless, secure, and data-driven. For more information about these features or to schedule a consultation on navigating them, please reach out to us at [email protected]. Your satisfaction fuels our commitment to excellence.

The dawn of 2024 has brought with it exciting possibilities and transformative developments that promise to shape your lending experience. As we navigate this dynamic landscape, sit back and enjoy this journey of innovation with us. 

Thank you for being a valued part of Lendsqr. Here’s to a year filled with growth, prosperity, and groundbreaking advancements. 🥂