Co-founder and former CEO of Lidya, instrumental in its launch and initial growth.
Lidya, Nigeria’s digital lending pioneer, shuts down
Lidya was launched in 2016 by former Jumia executives Tunde Kehinde and Ercin Eksin. The company raised approximately $16.45 million between 2017 and 2021, including an $8.3 million pre-Series B funding round.
Breaking: Techstars and ARM Labs partner to invest $1.4 million in 12 African startups
Techstars unveils 12 startups in its second cohort for its Lagos-based accelerator programme. The startups will receive $120,000 in funding and access to mentorship from notable experts in Africa's tech ecosystem.
Exclusive: Nigerian SME lender Lidya shutters European business
Lidya is closing its European lending business to focus on its credit assessment and loan recovery offering for the Nigerian market. Lidya Collect, a loan recovery tool built on Nigeria's Global Standing Instruction (GSI), has become a key part of Lidya's new business direction.
