By ayomide odude on Tuesday, September 9th, 2025 in Blog, Insights. No Comments
A few months ago, the procurement head of a major FMCG company in Lagos received a frantic call from one of their key packaging suppliers. The supplier had just landed a surge of orders but didn’t have the cash on hand to purchase raw materials. Expected payment from the FMCG giant was still 75 days … Read more
By ayomide odude on Tuesday, July 15th, 2025 in Uncategorized. 1 Comment
Globally, Small and Medium-sized Enterprises (SMEs) are the backbone of economies, driving innovation and job creation, yet they consistently face a chronic lack of access to crucial working capital. This challenge is even more pronounced in Nigeria where SMEs account for over 90% of businesses, contribute nearly 48% of Nigeria’s GDP, and employ more than … Read more
By ayomide odude on Friday, March 7th, 2025 in Blog. 6 Comments
Fiducia addresses these critical challenges in supply chain financing by creating a digital marketplace that connects corporate buyers, suppliers, and financiers.
By ayomide odude on Wednesday, December 4th, 2024 in News. No Comments
Nigerian digital supply chain leader Fiducia and Mynd Fintech, a subsidiary of M1xchange, are expanding their successful partnership to bring innovative financing solutions to SMEs across Africa and the Caribbean. This exciting development marks a significant step towards financial inclusion and economic empowerment in these regions. Building on Success The collaboration began in 2022 and … Read more