by Ben Barba -

MICROCAPITAL BRIEF: Lidya to Shift from Retail Lending to Providing Fintech Infrastructure

Lidya, a US-based financial technology (fintech) firm that has provided digital loans in Nigeria, the Czech Republic and Poland, recently announced it will shift its focus to providing technology infrastructure to financial institutions. Lidya’s credit platform helps lenders “originate, manage and collect loans,” including via the Collect tool, which is intended to

by Nathan Kiplagat -

MICROCAPITAL BRIEF: Microfinance Centre “Borrow Wisely Campaign” Seeks to Prevent Over-indebtedness

During the month of October, the Microfinance Centre (MFC), a 113-member network based in Poland, is running its annual Borrow Wisely Campaign (BWC) “to make [borrowers] aware of the threat of excessive debt and help them learn how to avoid it.” BWC and its members do this through: