Discover top providers in Nigeria for your lending business.
Find top partners to launch, scale, or streamline your lending operations in Nigeria
Providers
Paystack
Paystack is a technology company powering payments and growth for businesses in Africa. Founded in 2015, Paystack aims to transform and simplify the payments landscape across the continent. With a mission to help businesses in Africa become profitable, envied, and loved, Paystack provides a seamless and secure way to accept payments from customers anywhere in the world.
Flutterwave
Flutterwave is a fintech company founded in 2016, focused on building seamless payment infrastructure for businesses worldwide, with a strong emphasis on the African market. The company's mission is to simplify payments for endless possibilities, enabling businesses of all sizes to accept, process, and disburse payments through a range of versatile payment solutions. With a robust platform that supports multiple currencies and payment methods, Flutterwave has become a key player in connecting Africa to the global economy.
Interswitch
Interswitch is an African integrated payment and digital commerce company, founded in 2002 with the mission to create technology solutions that connect and empower individuals, businesses, and communities. Headquartered in Nigeria, Interswitch has played a large role in driving the adoption of digital payments across Africa. The company provides a wide range of innovative payment solutions, processing billions of transactions annually, and enabling businesses, governments, and consumers to transact securely and efficiently across multiple channels.
Monnify
Monnify is a Nigerian fintech company established in 2019, dedicated to simplifying payment processes for businesses and individuals. The platform offers a comprehensive suite of payment solutions that streamline transactions across various channels, including bank transfers, cards, and USSD. Monnify's mission is to enhance financial efficiency by providing easy-to-use tools for payment acceptance, management, and reconciliation.
Opay
Opay is a Nigerian fintech company founded in 2018, focused on providing a comprehensive suite of financial services through its mobile app. The platform aims to simplify and enhance financial transactions by offering a range of services that cater to both individual and business needs. Opay leverages technology to improve financial inclusion and accessibility across Africa.
Remita
Remita, is a Nigerian fintech company founded in 2006. Remita empowers individuals, businesses, governments, and financial institutions to make and receive payments seamlessly, both online and offline. With a mission to enable everyone, everywhere, to do more by simplifying payments, Remita envisions becoming the preferred payment option for individuals, businesses, governments, and the financial ecosystem.
RexPay
RexPay is a Payment Gateway Service created by Global Accelerex. Global Accelerex Limited is a leading provider of secure electronic payment and business management solutions in Nigeria and West Africa. Certified by the Central Bank of Nigeria as a Payment Terminal Service Provider (PTSP) and Payment Solution Service Provider (PSSP), they deliver innovative, tailored e-payment solutions that streamline business processes and enhance customer experiences across various channels.
Carbon
Carbon is a fintech company founded in 2012 with an aim to provide financial services for all Africans. The company’s mission is to empower all people with the financial access they need to pursue a life of dignity and integrity. Carbon empowers individuals with access to credit, payment solutions, and easy-to-use-tools for personal financial management.
PayPal
Founded in December 1998 in Palo Alto, California, PayPal is a global leader in online payment solutions, offering a secure and convenient way for individuals and businesses to send and receive money over the internet. PayPal simplifies financial transactions with a range of services designed to facilitate payments, enhance security, and support a seamless online commerce experience.
Seerbit
Founded in 2019 with a checkout API launch in Nigeria, SeerBit helps African businesses collect and manage payments efficiently. Initially targeting financial service providers, SeerBit identified a payment gap that traditional banks couldn’t fill. They now offer a comprehensive payment solution, including processing, management tools, and data enhancements, for businesses of all sizes across Africa.
VPay
Vpay is a financial technology company founded in 2020, with the aim to empower sellers in Nigeria and beyond, to thrive in the digital age. Vpay integrated financial services to their platforms to ensure that merchants can access their business loans and manage their cash flows all in one place. The company also offers a suite of solutions to enable businesses to seamlessly handle business finances.
PayU
PayU is a digital company that develops innovative financial service solutions for high-growth markets across the globe. Offering local payment processing across their markets through connections, the company allows users not covered by traditional banks to access credit in a way that removes the risk to merchants.
Fincra
Fincra is a payment infrastructure for fintechs and global businesses and platforms, which provides payment solutions that help businesses accept payments securely, and provide other financial solutions to their customers. Founded in 2021, the company started with a mission to make it easier for businesses in emerging or frontier markets to transact digitally at low cost and high speed seamlessly.
DPO
DPO is one of the largest and the fastest-growing African payment gateways. They offer small and medium-sized businesses, right up to global companies, the solution and the support to make and receive online payments wherever and whenever they want.Their solutions allow customers to make and receive business payments quickly and securely and allow enterprises to trade locally, across borders, and internationally.
Afara Partners
Afara Partners is a digital technology company that specialises in building platforms for alternative financial services in Africa. The company was founded with a mission to deploy and create innovative technology platforms that connect and empower individuals, corporate, and government to easily make and receive payments.
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Kora
Founded in 2017, with a mission to build a safe, secure, and seamless payment engine that will empower local merchants, as well as global merchants, to scale across Africa, Kora is a payments infrastructure for Africa providing All The Support You Need ™️ to start, scale and thrive. Kora allows businesses to scale faster by providing them with a robust and powerful core payment engine that eliminates the complications associated with single and bulk transactions.
Accelerex
Accelerex is the leading provider of electronic payment and financial technology solutions in Nigeria, with a mission to provide innovative electronic payment and collection solutions in a secure, reliable, and cost-effective manner. Certified by the Central Bank of Nigeria as a Payment Terminal Service Provider(PTSP) and Payment Solution Service Provider (PSSP), the company delivers innovative technology solutions in a secure and reliable manner to businesses and consumers across channels.
CoralPay
CoralPay was incorporated in 2005 but licensed as a Payment Switching and Processing company in 2018. The company’s mission is to provide payment services and solutions. As part of their renewed service focus, they offer a broad range of technology platforms that provide a range of payment-centric services and solutions across multiple platforms.
ETranzact
ETranzact is Nigeria’s leading payment and switching company, licensed by the Central Bank of Nigeria. Offering secure and flexible solutions, the company empowers individuals and businesses with smarter and simpler payments for hassle free payment acceptance and processing.
Zone
Zone is a regulated Blockchain network which enables easy payment and acceptance of digital currencies. The company's mission is to connect every monetary store of value using blockchain.
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Arca Payments Company
Arca Payments Company provides secure payment management tools with multiple options to power innovation. Arca enables financial institutions and SMEs to easily accept and process payments, connecting these solutions to Africa’s digital economy.
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Global Credit Rating
Global Credit Rating was established in 1996 as the African arm of the New York Stock Exchange-listed Duff & Phelps. It is a licensed rating agency recognised as an External Credit Assessment Institution.
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Datapro Ltd
DataPro Ltd is a leading compliance, corporate governance and fraud risk management consulting firm in Nigeria. The firm operates with a mission to provide and facilitate credible, adequate, and timely data on individuals, companies, and NPOs around the world.
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FirstCentral Credit Bureau
Incorporated in May 2005 and licensed in May 2009 under Nigerian law, FirstCentral Credit Bureau Limited is dedicated to transforming data into strategic tools for risk management. Partnering initially with Xpert Decision Systems (XDS) Pty Limited, FirstCentral remains Nigeria’s only independent credit bureau, ensuring unbiased and credible credit reporting without financial institution influence.
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CRC Credit Bureau
Established by ten prominent financial institutions and Dun & Bradstreet, CRC Credit Bureau is a legally licensed and incorporated organisation that offers all-inclusive credit bureau services in Nigeria. It provides a national database of credit profiles for individuals and businesses, improving credit analysis and lending decisions. CRC's data and analytics subsidiary is an innovative company that uses AI and analytics to deliver products that help with product development and well-informed decision-making. CRC's objective is to improve access to credit for growth by providing dependable credit information and scores, while its vision is to establish standards for financial empowerment.
CreditRegistry
Established in 2003 as CR Services (Credit Bureau) Plc, CreditRegistry is Nigeria’s largest credit bureau, fully licensed by the Central Bank of Nigeria. As a pioneer in the industry, CreditRegistry sets the standard for credit management and supports both lenders and businesses in making informed decisions.
JumiaPay
Jumia Pay is a subsect of Jumia that allows users to easily and directly make payments for bills such as cable subscription, and mobile data top-up
KongaPay
KongaPay is a Mobile Money Operator, Payment Services and Solutions Provider licensed by the Central Bank of Nigeria. The company was launched in 2014 with a mission to provide a simple, safe and secure payment platform as well as trustworthy digital banking solutions that ensure the ease of transactions, and enhance business growth.
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Agusto and Co
Agusto & Co is Nigeria’s first Credit Rating company. Founded in 1992 in Nigeria, since inception, Agusto & Co has assigned over 3,000 ratings across various sectors, including banks, corporates, and investment firms. We are licensed to operate in Nigeria, Kenya, Rwanda, and Ghana, with deep expertise in African macroeconomic and business environments.
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Okra NG
Founded in 2020, Okra is an open finance company empowering businesses and developers across the African continent to build innovative financial solutions. Okra enables people to easily connect their financial accounts to the apps they prefer and provides businesses with secure access to financial data and payments through a single integration. Their network supports a wide range of financial institutions including top-leading banks across Nigeria.
MontyPay
MontyPay is a global payment service provider with headquarters in the UK. The company was established with a mission to facilitate payments in a simple and secure way to meet the merchant’s needs and difficulties. The provider supports worldwide currencies and different payment types to help merchants capitalise on their global businesses.Their payment dominion stretches across the globe with offices in countries such as Nigeria, Lebanon, Indonesia, the UAE, and Jordan.
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CreditChek
CreditChek is a platform built to enable businesses to easily assess and verify the creditworthiness of their customers in Africa. Organisations can use CreditChek’s API and no-code platform to verify the identity of their customers, and prevent bad debt. CreditChek gives access to historical data from credit bureaus.
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SARU TECH
SARU TECH focusses on delivering reliable enterprise software solutions.
pawaPay
pawaPay provides one API and one dashboard to integrate mobile money across Africa into businesses payment processes.
Uqudo
Uqudo is a digital identity company with a mission to bring trust to digital interactions. The company’s award-winning technology platform is at the forefront of innovation in identity management, driving digital transformation worldwide.
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Expert Decision Systems Zimbabwe (XDS)
Expert Decision Systems Zimbabwe (XDS) is a leading information services company specializing in risk management solutions across diverse industries. With a strong passion for turning data into actionable insights, the XDS team excels in big data collection, storage, analysis, and reporting. They are dedicated to upholding the highest standards of data privacy, confidentiality, and information quality.
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Xpert Decision Systems (XDS)
XDS, a leading credit information bureau in South Africa, is one of four companies under the ownership of the data analytics and technology firm Mettus. Their wide range of credit information solutions and services is designed to cover various aspects of customer value management throughout the entire business lifecycle.
SmileID
Smile ID's identity verification solutions empower businesses in Zambia to comply with AML and KYC requirements seamlessly. By providing instant customer identity verification and efficient user onboarding, companies can ensure compliance with Zambia's KYC, AML, and data protection laws while streamlining their processes.
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Tingg by Cellulant
Tingg, operated by Cellulant, is a digital payments platform that enables businesses and consumers to conduct transactions across multiple channels. It has a presence in several African countries, including Tanzania.
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Ecobank Benin
As part of the Ecobank Group, Ecobank Benin offers a range of banking services including personal loans, business financing options, and investment solutions tailored to its diverse clientele.
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Virtual Cards Services Botswana
Virtual Card Services is a payment processor that provides card processing services in Botswana. It was founded in South Africa in 1996 and expanded into Botswana in 2008, offering reliable and secure payment systems.
Mida
Mida is an AI-powered debt collection and recovery company that focuses on ethical and technology-driven solutions for lenders. Their services range from loan collections to full recovery, using advanced analytics to predict when and how to collect debts. They emphasize automation, dynamic user engagement, and ethical recovery practices to improve collection rates. Mida's approach integrates seamlessly with existing systems and offers real-time reporting for businesses, helping lenders scale confidently.
Mwanga
Mwanga provides debt recovery and customer service support, focusing on ethical and performance-driven strategies. They handle tele-collections and field recovery for businesses, customizing their approach to fit each client’s needs. Mwanga has successfully recovered billions in delinquent loans and works with major African lenders. They are known for their data-driven approach and strong emphasis on maintaining positive customer relationships during recovery.
Bfree
Bfree is a credit management company that focuses on transforming the debt recovery process in emerging markets. Their approach is customer-centric and technology-driven, offering innovative solutions for distressed asset purchases (non-performing loans) and customizable recovery software (SaaS). Bfree prioritizes ethical practices in loan collections and leverages machine learning to analyze consumer behavior, providing personalized repayment plans and clear reporting. Their services are aimed at reducing non-performing loans and promoting financial recovery for both creditors and customers.
Enza
Enza is a leading fintech platform in Egypt, offering a range of payment and financial services. They empower businesses and individuals to make and receive payments, manage finances, and access financial services.
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FICO
FICO is a global analytics software company specializing in credit scoring and risk management solutions. Their solutions help businesses make informed decisions by assessing creditworthiness and predicting risk.
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Refinitive (LSEG)
Refinitiv (LSEG) is a leading global provider of financial data and analytics. They offer a wide range of data and analytics solutions to help businesses make informed decisions.
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Equinix
Equinix is a global interconnection and data center company. They offer a range of data center services, including colocation, interconnection, and cloud connectivity.
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World Remit
WorldRemit is a global money transfer company that enables people to send money to family and friends around the world. They offer a variety of payment options and delivery methods, making it easy to send money to Madagascar.
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RubyX
RubyX is a financial technology company that offers a range of payment and financial services as well as credit scoring services.
Lendsqr is not a lender and cannot provide loans directly. Our platform functions as a bridge connecting you with licensed lenders who may offer personal loans depending on their products. We showcase a list of these lenders and the loan options they provide.
While you can initiate the application process on Lendsqr, it's important to understand this simply starts the process with your chosen lender, not with Lendsqr.
FAQs
What channels can I use for free?
A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.
Can I get a custom app for my own preferences?
You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.
I already have my own app, how can I still plug into Lendsqr’s infrastructure?
Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps
How do I get a demo or walkthrough for Lendsqr?
You can send an email to growth@lendsqr.com
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