Newid capital

Newid capital

Newid capital is a venture capital that is interested in investing in international financial services companies that help the 'underbanked'

Newid capital is a venture capital that is interested in investing in international financial services companies that help the 'underbanked'. The firm was founded in 2014 in Alexandria, Virginia, United States.

The firm is exclusively invested in financial services startups that reside outside of the United States, Canada, and Western Europe. They look for companies they can leverage experience in to further goals and missions. The firm has helped companies such as firstaccess, Lidya, Lulalend, NOW Money, Tekkredi, and Apollo Agriculture.

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The Nigeria-based Lidya uses a tech-based credit algorithm to loan to small businesses without credit histories.

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