Lidya to start online-only unsecured lending in Nigeria

Two entrepreneurs are set to unveil Nigeria's first online lender. Marketed as

a digital bank that will have no branches, Lidya will be based in Lagos and

offer small and medium-sized businesses unsecured loans of between $500 and

$15,000. While it will initially focus on Nigerian customers, Lidya will target

cities across Africa, according to [...]

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