Loan Origination Engine
AI-powered workflow from intake to disbursement. Automate underwriting decisions, document collection and approval chains in minutes — not days.
From credit checks and loan origination to portfolio analytics, Algosys LMS by CreditChek is the core lending application behind a modern financial institution. Born in East Africa, now spreading across the rest of the continent — one country at a time.
A complete platform covering every workflow — from the first loan application to the final regulatory submission.
AI-powered workflow from intake to disbursement. Automate underwriting decisions, document collection and approval chains in minutes — not days.
Real-time dashboards with cohort analysis, risk heatmaps and vintage curves. Drill into any segment with one click and export to any format.
Zero-touch daily reconciliation across all accounts, GL entries and payment rails. Exceptions surface automatically so your team focuses only on what matters.
Handle 150+ currencies with live FX rates, automatic hedging exposure calculations and consolidated multi-entity reporting in your base currency.
Automated BoU, CBK, CBN, Basel III and IFRS 9 compliance reports generated on schedule. Audit-ready data lineage from source to submission at every step.
Cash flow forecasting, liquidity gap analysis and yield optimisation tools. Manage counterparty limits and investment mandates from a single workspace.
Three modules that turn a lending system into the operating platform for the whole institution — resource planning you can lend against, underwriting embedded in origination, and messaging wired into the lifecycle.
Point of sale, inventory, financial accounting, HR and payroll, supply chain and loyalty on one connected platform, where every module shares live data with every other. Because the ledger and the operations sit together, any asset or service you deliver can be offered post-paid — invoiced now, collected over agreed terms.
The CreditChek Cortex engine is embedded directly in origination, built to underwrite African borrowers on the data that actually exists here: a five-stage pipeline that captures, secures, normalises, enriches and decides on every application. A control layer above it holds your information model, risk framework and policy rules, so the same configuration governs every decision.
Enterprise SMS infrastructure wired into the loan lifecycle, so applications, approvals, disbursements and repayment reminders go out without anyone assembling a campaign. Two-way messaging turns notifications into conversations, and delivery receipts come back into the same audit trail.
Four stages from first connection to a platform that scales with your institution — with our team alongside yours the whole way.
Connect your core banking system, chart of accounts and data sources. Our integration layer supports REST, SFTP and direct DB connectors.
Define your product catalogue, lending rules, approval hierarchies and regulatory mappings through our no-code configuration studio.
Parallel-run validation, user acceptance testing and a managed cutover weekend. Our team stays with you until every transaction balances.
Auto-scaling infrastructure, feature flags for phased rollouts and a dedicated customer success manager as your institution grows.
Portfolio, origination, embedded underwriting, reconciliation, regulatory reporting, treasury, compliance, resource planning and messaging — the operational surface your teams work in every day.
Illustrative interface with representative data.
Lending in Africa has its own physics: low bandwidth, feature phones, mobile money and multi-regulator reporting are not edge cases here — they are the conditions the platform grew up in. We expand the same way we built: one city, one country at a time.
iOS and Android apps for borrowers and field officers, with offline-tolerant sync for low-bandwidth conditions.
Most borrowers do not carry a smartphone. Full loan enquiry, repayment and statement flows over USSD on any handset.
Risk scoring, anomaly detection, automated workflow decisioning and self-healing infrastructure designed in from day one.
Run many institutions, branches and product lines on one deployment with hard tenant isolation and per-tenant configuration.
Data minimisation, field-level encryption, consent tracking and jurisdiction-aware retention built into the data model.
Containerised, auto-scaling infrastructure with phased rollouts via feature flags — 100 users to a million, no rewrites.
Native collection and disbursement across mobile money operators, bank transfer and card, with automatic reconciliation.
Built against BoU, CBK and CBU requirements at home, and CBN, Basel III and IFRS 9 as we move across the continent — compliance is never bolted on later.
Documented REST APIs and SDKs so your team can embed lending into existing channels without a three-week back-and-forth.
Licensed lenders are only part of it. Because resource planning and the ledger sit together, any organisation that delivers first and collects later can run its book here.
Utilities, telcos, logistics, equipment hire and subscription businesses embedding finance into their own operations — deliver first, collect on terms.
Group and individual lending at branch scale, with field officers working offline and syncing when they get signal.
Deposit-taking institutions needing prudential returns, capital adequacy and a full audit trail alongside the lending book.
Finance houses, leasing companies and asset financiers running secured products against collateral registers.
Member savings, share capital, dividend cycles and member-guaranteed loans, with statements over USSD.
Trade, transport, market and staff cooperatives administering contributions and revolving loan funds for their membership.
Daily and weekly contribution collection — esusu, ajo, susu and adashe — with agent handhelds, receipts by SMS and reconciliation at close.
Input credit against harvest, seasonal repayment calendars and aggregator-level portfolio reporting.
App-first lenders and marketplaces plugging origination and underwriting in by API, with no branch estate at all.
Tell us about your institution and portfolio. We will scope the migration, map your regulatory reporting and give you a deployment plan — wherever on the continent you operate.
FY 2025 — all products, $M
By product type
| Loan ID | Borrower | Amount | Rate | Status |
|---|---|---|---|---|
| LN-00421 | Meridian Holdings Ltd | $4,200,000 | 14.5% | Active |
| LN-00389 | Okafor Manufacturing | $1,850,000 | 16.0% | Reviewing |
| LN-00374 | Starlight Retail Group | $750,000 | 18.5% | Disbursed |