Learn moreA full list of all Lendsqr products updates – from big improvements to obscure bug fixes – updated weekly. Made possible by your ideas and bug reports. Thank you!
March 6, 2025
- We’ve introduced the ability to access direct debit transactions as a report on both Pecunia and Adjutor. Now, you and your team can easily track all direct debit transactions in one place. Simply log into the console, navigate to the 'Reports' menu, and select 'Direct Debit Transactions.' You can also filter by failed, successful, and pending transactions to get the transactions you need.
February 27, 2025
- We’ve introduced the ability to add notes and comments to key records. Notes on Lendsqr now enables you and your team to add your comments, reminders, and other instructions to customers, loans, loan requests, and transactions, ensuring that important details never get lost. Learn more.
- We’ve made guarantor verification even more flexible! You can now enable a setting that prevents guarantors from adding payment methods during the verification process.
February 13, 2025
- You can now set up approval workflows to streamline loan management, ensuring that requests go through the appropriate levels of authorization based on risk, value, and internal policies. This feature allows you to define multi-level approval processes, ensuring that smaller loan amounts require minimal approvals, while higher-risk or larger loans undergo more thorough scrutiny before disbursement. Learn more
- We have improved the disbursement process by introducing Decentralized Disbursement, allowing lenders with multiple branches to manage payouts more efficiently. This feature enables each branch to have its own disbursement account, so they can independently send funds to customers while still being monitored from a central platform. This ensures better control, transparency, and streamlined financial operations across all branches. Learn more.
February 06, 2025
- We have made an upgrade on how mandates are set up on your customer’s accounts by introducing a configuration that allows you to set up mandates on all of your customer’s accounts tied to their BVN. Previously, your customers could only create direct debit mandates for one account at a time. Now, they can create mandates on all their accounts in a single process, saving time and reducing friction. Learn more.
January 30, 2025
- We have fixed the scrolling issue on modals. Previously, opening a modal to complete an action allowed scrolling both inside and outside the modal. Now, once a modal is opened, scrolling outside the modal is disabled.
- We’ve updated your web app dashboard to make loan applications even smoother. Borrowers can now see key loan options right away, helping them navigate the process with ease and apply faster.
January 23, 2025
- You can now add your mobile app Play Store and App Store URLs to your web app microsite by configuring this on the admin console. This allows users to easily download your mobile app directly from your microsite, improving accessibility and streamlining the onboarding process for your customers. You can learn more about how to set this up here.
- We have now increased the default direct debit mandate expiry date to 5 years from the day the mandate was created, providing users with a longer validity period for their mandates. This change reduces the need for frequent creation of new mandates, ensuring a more seamless and efficient experience for both you and your customers.
January 16, 2025
- We have optimized the modals in the request management, product management, and preferences modules to enhance usability, improve load times, and provide a more seamless user experience. This ensures that navigating and performing tasks within these modules is faster and more intuitive.
January 9, 2025
- You can now add repayment methods for your customers when booking a loan manually for them. This allows you to select previously added repayment methods, such as cards or direct debit, when booking a loan. This ensures that your manual loans are repaid automatically by debiting the attached payment method. This feature is currently only available to our Nigerian lenders. Learn more
- You can now view and edit the penalty fees attached to loans already running. This allows you to adjust penalty amounts based on specific circumstances or correct errors without affecting the overall loan structure. With this update, you have more control over loan management and can ensure accurate penalty tracking and customer communication. Learn more