Lidya’s Shutdown

AfricaBusiness

Nigerian Fintech Startup Lidya Shuts Down After Raising $16.45M, Exposing Cracks in Africa’s Digital Lending Boom

After nearly a decade of promising to revolutionize small business lending in Africa, Lidya, the Nigerian digital lender co-founded by former Jumia executives Tunde Kehinde and Ercin Eksin, has officially…

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