Lendsqr expands to Zimbabwe with its Lending-as-a-Service platform to empower local lenders

DELAWARE, UNITED STATES – Lendsqr, a leading global provider of loan management technology, has officially launched its Lending-as-a-Service (LaaS) platform in Zimbabwe. 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 Zimbabwe.

Read also: Lendsqr launches lending-as-a-service platform in Kenya

Modernizing lending in Zimbabwe

Adedeji Olowe, CEO of Lendsqr, emphasized the company’s commitment to supporting lenders:

“Lending should be straightforward, not burdened by manual processes that slow down financial access. With Lendsqr, we are giving lenders in Zimbabwe the tools to process loans faster, manage risk better, and reach more borrowers. Our focus is on making lending work for both lenders and the people they serve.”

Joy .B. Bello, Head of Sales at Lendsqr, spoke on the importance of access to credit:

“Many Zimbabwean businesses and individuals struggle to secure loans due to a lack of credit history. Lendsqr is helping lenders bridge this gap by providing reliable ways to verify identities and assess creditworthiness. This means more people can get the financial support they need without unnecessary barriers.”

What Lendsqr brings to Zimbabwean lenders

Lendsqr’s platform is designed to address the unique challenges of digital lending in Zimbabwe. Key capabilities include:

• Advanced KYC and credit scoring: Lendsqr’s risk engine assesses borrowers using over 100 risk parameters. The platform integrates with Zimbabwean identity databases and top KYC providers for reliable 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 EcoCash, OneMoney, and TeleCash. It also connects Fincheck (formerly Dun & Bradstreet and TransUnion), and the Financial Clearing Bureau (FCB) for borrower credit history.

Read also: Lendsqr launches onlending initiative to empower lenders with loan capital

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:

• Credit Bureaus (TransUnion Zimbabwe, CreditInfo Zimbabwe)
• Payment Providers (EcoCash, OneMoney, TeleCash)
• KYC Platforms (Uqudo)

Lendsqr’s decision engine uses robust risk modeling, allowing lenders to make informed lending decisions. The platform also supports flexible loan structuring, equity-based contributions, and built-in guarantees to enhance security.

Committed to making lending more efficient and accessible, Lendsqr continues to drive growth and expand credit access in emerging markets.

For more information, visit lendsqr.com.