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Quidroo Inc Helping African smes unlock their trapped Cash flow

Cover image of Quidroo Inc, Fintech venture on VC4A

According to The Small and Medium Enterprises Development Agency of Nigeria, 82% of SMEs fail due to cash-flow issues while waiting 30+ days for vendor payments, yet there are trillions in A/R monthly in Nigeria. Quidroo is a ‘women first’ for-profit fintech startup that is an online platform where transactions are streamlined and SMEs get paid within 72 hours by selling their invoices to get fast cash at favorable rates. It focuses on SDG 9.3 Increasing the proportion of small-scale industries with access to finance in developing countries.

Sectors Fintech
Location Flossmoor, United States of America
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