Lidya, a digital lender, has officially ceased operations after raising a total of $16.45 million.
The firm sent an email to its customers announcing the shutdown, stating that, “best efforts to restructure and sustain operations, the company has encountered severe financial distress and is no
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.