Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa

Originally published at: Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa

The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is largely dependent on the maturity of its domestic credit industry. Nigeria’s domestic credit market pales in comparison to similar countries…