Lidya, the quick-loan start-up which successfully raised US$8.3 million recently via new funding round, will significantly increase its lending to high-growth SMEs in the fast-growing economies of the Czech Republic, Poland, and Nigeria. To accomplish a steep growth in lending operations in its above three country markets of Europe and Africa, the international SME finance lender will increase its workforce and solidify its presence in Prague, Warsaw, and Lagos. Digital lender Lidya has been offering loans within 24 hours to SMEs based on cash flows in their bank accounts and without insisting on collaterals.
