Do business now. Pay later!
We offer a digital solution, which allows emerging market entrepreneurs to buy goods and services at their pace and
pay later, via LIRIDI app
Who we are
Liridi is an international initiative for underbanked entrepreneurs to access the latest financial services and to enable their growth in emerging markets. We are a passionate and ambitious team of highly experienced people in IT, credit risk, finance, legal and entrepreneurship, strengthened by our deep knowledge of African and Asian markets.
We believe everyone who works hard every day to support their families for good lives, to benefit many others providing goods and services, has the right to financial freedom and transparency, modern purchase experience and sustainable growth. We are here to do our best to make these real.
What we do
We are building a Buy Now, Pay Later (BNPL) platform for small business owners and entrepreneurs in Sub-Sahara Africa and South Asia.
Most often small businesses have real needs not for money, but for goods or services to conduct their daily business activity smoothly.
Thus, we came with a solution to enable entrepreneurs and small-entities to purchase goods and services whenever they need and at a fair price while paying for them later in several installments, by just using our LIRIDI mobile App.
We help micro-business people in emerging markets with their daily business tasks giving them an opportunity for sustainable growth. While doing this, we co-operate with:
local middle-size financial institutions with the latest mobile and cutting-edge KYC verification technologies, credit-scoring algorithms, paperless and cashless operations, and digitized fund collection, helping with significant client-base growth and with better monetizing their financial resources; and
with local middle-size goods producers, distributors, and service providers, which also possess notable benefits: they get sufficient rise in turnover, enlarge the new client base by being payment secured for their goods/services, in full and on time.
"70% of the 365-445 million small businesses
in emerging markets lack access to credit"
That's a $5,2 trillion financing gap
Our Model for Growth
Liridi develops a rapidly scaling global platform for over 200 million entrepreneurs, from emerging markets, whose ability to get funding is dramatically uncatered for. Also, within the next several years, our ultimate goal will be to enlarge our product offer, simplifying financial operations for small businesses.
This requires sufficient investment back-up and extensive partnership networks. We are open for dialog with business leaders who like our business model/goals and are ready to share in it. These include global ‘venture’ and ‘impact’ investors, and potential regional partners (merchants and service providers, MFIs, payment services, and Fintech players) from South Asia and Africa.
The «Klarna» for small business in emerging markets
Quick and simple purchase financing on-demand for entrepreneurs: purchase now pay later
Neither collateral no guarantors are needed
Instant financing approval or detailed rejection feedback enabling successful future applications
Fare financing cost and best purchase deals
Multiple channels with easy access for funds' repayment
Extensive merchant network: automated direct payment for purchases with disbursed funds
Multiple connections to domestic MFOs with simple API-access
Innovative predictive credit scoring, based on digital and behavioral data analysis
Latest mobile client verification and cashless/paperless
funding processing technology
HOW IT WORKS
for microbusiness – purchase with one click and pay later
Empowered by a strong network of partners
Fast Click-through purchase funding request
Within the 15-minute request approval and merchant feedback
Purchase as funding approved
Report of the purchase via Liridi App
Instruction to MFI for fund disbursement
Payment to the merchant for the purchase
Fund repaid to MFI later, using a vast partner network of payment kiosks or directly from the App using the e-wallet account
Repayment receipt is reported to the platform with instant confirmation for the borrower
Liridi cornerstone technology
Growing MFOs & Merchants’ Partner Network
on a country-level, resulting in better service and significant cost optimization
Interest Rate Cutting
by gaining commission revenue from the merchant network
borrowers additionally benefit
by acting as platform agents
Retail Investments Raise
due to global, multi-currency, Liridi P2B investment platform development
More Value Added Products
for reliable clients:
micro-insurance, invoice financing & personal loans
Liridi e-Wallet Launch
significantly diminishing transaction time