VeendHQ was founded in 2021. We came across the idea to build VeendHQ while solving automation problems for financial institutions. We realized that the biggest problem in lending is the inability of lenders to collect loan repayments effectively, which increases the risk of running a lending business significantly. Hence, we set out to provide a solution.
VeendHQ’s mission is to make credit accessible to African consumers
VeendHQ’s vision is to accelerate wealth creation and drive prosperity in Africa through the creation of technology enabled financial products to better the life of every African consumer
VeendHQ platform enables lenders to start lending at almost zero cost on a cloud infrastructure backed by smart artificial intelligence. With VeendHQ there is no need for any installation. We make lending as simple as opening an email account through our loan origination channels which include USSD, Web, Mobile App, ATM and POS. VeendHQ helps its lenders handle every technical aspect of lending from Origination, Credit Decisioning, Disbursement, Collection and Accounting.
Start LendingNo, we are a tech company empowering lenders
All loans on VeendHQ are disbursed through our network of lenders
No, VeendHQ will not be liable for the lender's loss of funds due to non-repayment.
VeendHQ is directly integrated into instant payment systems and Banks for reliable disbursements. Your funds are secure and processed through a deposit bank.
VeendHQ will provide staff training and platform support to its registered lenders.
You can access VeendHQ at no upfront cost. However, VeendHQ charges up to 2% of the amount disbursed by the lender per loan via the platform.
The platform fees and integrated third party fees will be debited automatically per transaction from the lender's balance or from their bank account incase of third party fees.
Give your consumers fast and easy access to credit at no risk