Fiducia partners MTN Nigeria to unlock supply chain finance for businesses

Fiducia, a leading supply chain finance company, has entered into a strategic partnership with MTN Nigeria aimed at expanding access to working capital and supply chain finance solutions for businesses operating within MTN’s ecosystem.

The partnership is designed to address one of the biggest challenges facing businesses in Nigeria access to affordable and timely financing. Through the collaboration, suppliers and vendors within MTN Nigeria’s value chain will have improved access to financing solutions that support business growth, improve cash flow, and strengthen operational efficiency.

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In a statement made available to BusinessDay, Ayotunde Awe, acting CEO of Fiducia, stated: “At Fiducia, our mission is to bridge the financing gap that continues to hinder the growth of businesses across Africa. This partnership with MTN Nigeria represents another important step towards enabling more businesses to access the liquidity they need to thrive and scale sustainably.”

The partnership leverages Fiducia’s technology-driven platform, which connects buyers, suppliers, and financiers to facilitate seamless access to supply chain finance solutions. By digitizing the financing process, businesses can unlock working capital trapped in receivables while reducing financing bottlenecks.

Also speaking on the partnership, Modupe Kadri, chief financial officer, MTN Nigeria, said: “MTN Nigeria remains committed to supporting the growth of businesses within our ecosystem. Through this collaboration with Fiducia, we are providing our suppliers and partners with greater opportunities to access financing that will strengthen their operations and contribute to broader economic growth.”

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Supply chain finance has emerged as a critical tool for supporting business resilience, particularly among SMEs that often face challenges accessing traditional financing. By combining MTN Nigeria’s extensive business ecosystem with Fiducia’s innovative financing platform, the partnership is expected to create significant value for participating businesses.

The collaboration reinforces both organizations’ commitment to driving financial inclusion, supporting enterprise growth, and contributing to Nigeria’s economic development.