Lendsqr introduces liveness check to help South African lenders reduce fraud

November 25, 2025 | Johannesburg, South Africa – Lendsqr, the global Lending-as-a-Service (LaaS) platform supporting lenders across Africa and emerging markets, has introduced its liveness check feature in South Africa to help institutions reduce identity fraud and onboard customers more securely.

South African lenders continue to face challenges with fraudulent onboarding attempts ranging from stolen photographs to impersonation using pre-recorded images. These tactics place pressure on risk teams, increase losses, and slow down operations. Lendsqr’s liveness check provides a fast, affordable, and reliable way to confirm that every applicant is a real, physically present individual during onboarding.

“Digital lending in South Africa is advancing quickly, and lenders need strong tools that help keep their platforms safe without frustrating customers,” said Adedeji Olowe, CEO of Lendsqr. “The liveness check gives lenders that extra verification layer while keeping the onboarding process smooth and cost-effective.”

How the liveness check works

The feature is available for web apps and selected mobile apps and can be enabled directly from the Lendsqr admin console. During signup, customers complete simple physical prompts that verify their presence. Lenders can customize the sequence with actions such as: Look left, Look right and Smile

Once enabled, all new customers must complete the liveness check during onboarding, existing customers who have not done so will be automatically prompted. Also, verification results and short video clips will appear instantly on each customer’s profile

Why this matters for lenders in South Africa

With more consumers turning to digital financial services across the country, the need for strong identity verification tools continues to rise. Lendsqr’s liveness check helps lenders reduce impersonation, minimize onboarding fraud, and protect their loan portfolios. Borrowers also benefit from a quick, secure, and transparent verification step that reduces back-and-forth documentation.

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 bookings for borrowers without internet access.

Lenders in South Africa can activate the liveness check feature directly from their Lendsqr dashboard or sign up at lendsqr.com to get started.For more inquiries, contact [email protected].