Lendsqr launches offline lending to help Cameroonian lenders go digital without internet barriers

July 22, 2025 | Yaoundé, Cameroon – Lendsqr, the global Lending-as-a-Service (LaaS) company helping financial institutions build, scale, and manage digital credit offerings, has officially launched its offline lending feature in Cameroon. This new capability empowers lenders to reach customers in remote or low-connectivity areas without requiring internet access or smartphones.

Across Cameroon, especially in rural and semi-urban communities, limited internet access and digital literacy have made it difficult for lenders to fully digitize operations. Many are forced to choose between reaching underserved customers through manual processes or embracing digital systems that exclude a large portion of the population. Lendsqr’s offline feature solves this problem, enabling lenders to offer loans digitally, even when borrowers are completely offline.

“Digitization should work for everyone, not just the digitally connected,” said Adedeji Olowe, CEO of Lendsqr. “Whether you’re serving a trader in Maroua or a teacher in Buea, our offline feature ensures you can deliver loans securely and quickly with no internet required.”

With this feature, loan officers and agents can use the Lendsqr platform to book loans on behalf of customers during in-person visits, phone conversations, or using basic mobile devices. The platform handles all backend processes, credit checks, application reviews, and recordkeeping, so that borrowers receive real-time decisions, and lenders stay compliant and efficient.

Why this matters for Cameroon’s lending sector

Despite growing interest in digital lending in Cameroon, infrastructure gaps remain a major barrier to scaling financial access. Many SACCOs, cooperatives, and MFIs operate in communities where customers have no smartphones or data access. With Lendsqr’s offline functionality, these institutions can serve hard-to-reach customers while still enjoying the speed and transparency of a digital system.

Beyond inclusion, the feature also positions lenders for growth. It allows for faster loan approvals, simplified operations, and a better borrower experience all without sacrificing oversight or risking disorganized manual records.

“This is not a side tool or a manual workaround,” Olowe added. “It’s the same secure, scalable infrastructure used by our enterprise clients now designed to work in environments where the customer doesn’t have to be online at all.”

About Lendsqr

Lendsqr is a global Lending-as-a-Service (Laa) company powering digital credit for banks, fintechs, cooperatives, and non-profits. With operations in South Africa, Nigeria, the UK, US, and the Caribbean, Lendsqr equips lenders with everything needed to launch and grow a loan business; from customer onboarding and loan origination to repayment tracking and credit decisioning.

The platform supports both online and offline lending, allowing financial institutions to operate flexibly across urban, semi-urban, and rural areas. Lendsqr also integrates with payment gateways, KYC systems, and credit bureaus, offering lenders a full-service digital backbone whether or not their customers are online.

The offline lending feature is now live for all Cameroonian lenders using the Lendsqr platform. From cooperatives and MFIs to fintech startups and credit unions, any lender can start booking offline loans immediately. Lendsqr is free to start and simple to onboard.To learn more or get started, visit lendsqr.com or reach out to [email protected].