Lendsqr launches affordable digital lending tech to expand credit access in Malawi.

October 27, 2025 | Lilongwe, Malawi – Lendsqr, the global Lending-as-a-Service (LaaS) platform helping lenders build, scale, and manage digital credit operations, has officially launched its affordable digital lending technology in Malawi. The move is set to empower local lenders to extend credit to individuals and small businesses traditionally excluded from formal finance.

Access to credit in Malawi remains limited. According to the World Bank’s Global Findex, fewer than 10% of adults in the country have ever borrowed from a formal financial institution, while less than 25% hold an account with a bank or mobile money provider. Many lending institutions still rely on manual processes, which, combined with high technology and infrastructure costs, make it difficult to reach underserved populations.

“Access to credit shouldn’t be a privilege but an opportunity for everyone,” said Adedeji Olowe, CEO of Lendsqr. “By bringing enterprise-grade lending technology to Malawi at a fraction of the traditional cost, we’re helping microfinance institutions, SACCOs, and community banks serve Malawians everywhere, from Blantyre to Mzuzu, with the same speed and efficiency as the biggest banks.”

Already, forward-looking lenders in Malawi are using Lendsqr to power their digital lending operations. By adopting Lendsqr’s infrastructure, these lenders are proving that affordable, technology-driven credit delivery is not only possible but scalable in Malawi’s financial scene.

With Lendsqr, lenders can design and launch loan products, onboard customers digitally, automate credit decisions, and manage repayments from a single system. The platform also integrates with local payment providers, credit bureaus, and identity verification services, allowing lenders to operate securely and at scale.

About Lendsqr

Lendsqr is a global Lending-as-a-Service (Laa) company working with financial institutions of all sizes to move their lending operations online. With scalable, API-driven technology, Lendsqr combines solid technical know-how with a clear understanding of how lending really works in emerging markets. The result is that lenders can deliver credit more efficiently and reach more people who would otherwise be left out.

The platform gives lenders multiple ways to connect with borrowers, whether through mobile apps on Android and iOS, web applications, or APIs that link directly with partners like credit bureaus, payment providers, and KYC services. This flexibility makes it easier to serve both connected urban borrowers and customers in communities where internet access is limited.

At the center of the platform is a decision engine that blends bureau data with customizable scoring models to help lenders manage risk and make better credit decisions. Lenders can set up different types of loan products, from personal loans to SME financing with options for equity contributions, guarantors, and even manual loan bookings for borrowers without internet access.

With a free trial and pricing that scales as lenders grow, Lendsqr makes it possible for lenders in Malawi to launch quickly, expand sustainably, and build loan offerings that meet real customer needs. For more information, visit lendsqr.com or contact marketing@lendsqr.com.