Fiducia, a digital supply chain finance platform, has held the South-South edition of its Factoring Forum in Port Harcourt, bringing its campaign for Small and Medium Enterprises financing to the region for the first time.
Themed ‘Unlocking Growth: The Power of Factoring for Business Expansion,’ the forum attracted financial experts, corporate leaders and small business operators to explore how supply chain finance can drive liquidity and growth, especially within the oil and gas value chain.
According to a statement, the Group Head, CBG South-South at Access Bank, Evi Ufuoma Kanu, described the forum as both “timely” and “strategic,” noting its relevance to the region’s economic development.
“This platform is not only timely but strategic. It opens up real opportunities for SMEs working with large corporates to scale faster through easier access to finance,” she said.
She added, “Everything they are going to say here today is the future, as FINTECH is innovative and making waves.”
The Managing Director and Chief Executive Officer of Fiducia, Imohimi Aig-Imoukhuede, said the company was founded to close the financing gap for African businesses through technology.
“Fiducia was built to simplify and democratize access to working capital for SMEs. By digitising the factoring process, we’re improving efficiency, unlocking capital, and building resilience across value chains,” he stated.
Fiducia’s platform enables vendors and suppliers to gain quicker access to cash by trading their receivables with financiers, while also helping corporate buyers improve liquidity, strengthen supplier relationships and secure better rates.
The forum highlighted how factoring can serve as an agile and scalable financial solution for Nigerian SMEs at a time when loan access is tightening and delayed invoice payments are stifling business growth.
Organisers said the Port Harcourt event is part of a nationwide push to deepen financial inclusion by offering high-impact sectors digital finance tools that are easy to scale.
Fiducia operates a digital marketplace that connects corporate buyers, suppliers and financiers to promote faster, fairer and more transparent transactions. The company aims to transform business financing and trade across Africa.
