Lidya unlocks credit for Africans. Everyday, millions of creditworthy Africans face roadblocks as they seek loans, hindered by limited credit history, collateral demands, and lengthy approval processes.
Lidya is a beacon of hope. We have reimagined credit management to deliver secure, stable digital credit infrastructure so credit providers can originate, disburse, and collect credit with confidence. Because of Lidya, creditworthy Africans can access fast and convenient loans tailored to their needs, eliminating barriers that once held them back. By leveraging advanced technology, data analytics and algorithms, our credit rails assess creditworthiness quickly and provide rapid digital credit disbursement & collection, and are the system of record for all transactions. Lidya has become a catalyst for success, fueling over $100m USD in credit across over 32,500 loans with a 99% repayment.
Join us on the journey as we empower credit worthy Africans, invigorate the African economy and redefine the digital lending landscape in Africa. With Lidya, dreams become a reality!
Lidya is a beacon of hope. We have reimagined credit management to deliver secure, stable digital credit infrastructure so credit providers can originate, disburse, and collect credit with confidence. Because of Lidya, creditworthy Africans can access fast and convenient loans tailored to their needs, eliminating barriers that once held them back. By leveraging advanced technology, data analytics and algorithms, our credit rails assess creditworthiness quickly and provide rapid digital credit disbursement & collection, and are the system of record for all transactions. Lidya has become a catalyst for success, fueling over $100m USD in credit across over 32,500 loans with a 99% repayment.
Join us on the journey as we empower credit worthy Africans, invigorate the African economy and redefine the digital lending landscape in Africa. With Lidya, dreams become a reality!
Location: Nigeria, Lagos
Total raised: $8.3M
Investors 1
| Date | Name | Website |
| - | Unreasonab... | unreasonab... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 07.07.2021 | - | $8.3M | - |
Mentions in press and media 7
| Date | Title | Description |
| 01.02.2024 | ARM Labs Lagos Techstars Accelerator to showcase 12 Innovative Startups at Demo Day | Lagos, Nigeria – February 1st, 2024 – The ARM Labs Lagos Techstars Accelerator is excited to announce its Demo Day event, set to take place on February 20th, 2024, at 3PM WAT in Lagos, Nigeria. The invite-only event will showcase the accele... |
| 15.12.2023 | Techstars, announces 12 new investments through its Africa-focused program | Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| 08.08.2023 | APLICATIONS CLOSE SOON: APPLY NOW FOR THE 2023 ARM LABS LAGOS TECHSTARS ACCELERATOR PROGRAM. | Calling all early-stage startups based in Africa! The 2023 ARM Labs Lagos Techstars Accelerator Program is now accepting applications until August 9, 2023. Don’t miss this opportunity to receive up to $120,000 in investment and be a part of... |
| 30.05.2023 | Applications Open for 2023 ARM Labs Lagos Techstars Accelerator Program with a focus on FinTech, Mobility, E-commerce and TalentTech TechCabal’s 2021 Year-End report Success! | The program will invest up to $120,000 in early-stage startups based in Africa focused on FinTech, Mobility, E-commerce and TalentTech Techstars, the most active pre-seed investor in the world that provides access to capital, programming an... |
| 07.07.2021 | A year after expanding to Europe, Nigerian fintech Lidya raises $8.3M to scale lending operations | Nigerian fintech and lending startup Lidya today announced that it has completed its $8.3 million pre-Series B funding round. Alitheia Capital led the investment via its uMunthu Fund. Other investors that participated include Bamboo Capital... |
| 02.07.2021 | PayHippo raises $1 million pre-seed to improve access to funding for SMEs in Africa | Despite its significance, the small business sector in Africa remains largely underserved by commercial banks. In Nigeria, a large percentage of the population operates small to medium-sized enterprises (SMEs) in what is referred to as the ... |
| - | How Fintech lenders can help SMEs unlock post-pandemic recovery | It feels like a lifetime since the Egyptian government reported the first positive case of Covid-19 on the African continent back in February 2020. As I write from Lagos in Nigeria where I have been based for almost the entire duration of t... |