DELAWARE, UNITED STATES – Lendsqr, a leading global provider of loan management technology, has officially launched its Lending-as-a-Service (LaaS) platform in Ghana. This expansion brings advanced digital lending tools to banks, fintechs, and digital lenders, improving loan origination, credit assessment, and risk management.
By introducing automation and data-driven lending solutions, Lendsqr is accelerating financial access for businesses and individuals across Ghana.
Read also: Why Lendsqr is Africa’s most affordable loan management software
Transforming lending in Ghana
Adedeji Olowe, CEO of Lendsqr, emphasized the company’s mission to modernize lending operations in Ghana:
“Lending in Ghana is growing, but many lenders still depend on slow, outdated processes that hinder scalability. At Lendsqr, we’re changing that. Our technology enables lenders to process loans faster, reduce risk, and serve more people without the burden of manual workflows. Our goal is simple: to make lending in Ghana smarter, safer, and more efficient.”
Joy .B. Bello, Head of Sales at Lendsqr, highlighted the impact on credit accessibility:
“For SMEs and individuals without formal banking histories, access to credit remains a challenge. Traditional lenders enforce strict requirements, leaving many underserved. With Lendsqr, we’re equipping lenders with advanced tools to verify identities, assess creditworthiness, and process loans faster, helping them serve more borrowers while maintaining lower default rates.”
What Lendsqr brings to Ghanaian lenders
Lendsqr’s platform is designed to address the unique challenges of digital lending in Ghana. Key capabilities include:
- Advanced KYC and credit scoring: Lendsqr’s risk engine assesses borrowers using over 100 risk parameters. The platform integrates with Ghana Card databases and top KYC providers like BSystems to enhance identity verification.
- Proprietary license verification: Reduces fraud risks and strengthens borrower authentication.
- Multi-channel access: Borrowers can interact with lenders via mobile apps and web platforms, ensuring accessibility across different user demographics.
- Payment and credit data integration: Lendsqr supports MoMo payments via MTN Mobile Money, Vodafone Cash, and AirtelTigo Money. It also connects with Ghana’s XDSData and Credit Referencing Bureau (CRB) for real-time borrower insights.
By leveraging Lendsqr’s platform, Ghanaian lenders can automate workflows, reduce operational costs, and scale faster, ultimately making credit more accessible.
Read also: What is Lendsqr, and how does it work?
About Lendsqr
Lendsqr is a global leader in Lending-as-a-Service (LaaS), helping financial institutions digitize lending operations with scalable, API-driven solutions. The company’s platform enables lenders to connect with borrowers, manage loan portfolios, and integrate with leading fintech services, including:
Lendsqr’s decision engine utilizes robust risk modeling, enabling lenders to make smarter, data-driven loan decisions. It also supports flexible loan structuring, equity-based contributions, and built-in guarantees for additional security.
With a focus on financial accessibility and operational efficiency, Lendsqr is committed to helping lenders drive sustainable growth and expand access to credit in emerging markets.
For more information, visit lendsqr.com.
