| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | Nigeria |
| Sector | Fintech |
| Collapse type | Slow Death |
Lidya
"Nigerian SME lending platform raised $8M but default rates overwhelmed lending economics"
Years-long decline before final shutdown
Key Events Timeline
Lidya built a data-driven SME lending platform in Nigeria using alternative credit scoring from business bank account data.
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