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LIRIDI is a digital platform that provides purchase financing for micro-business owners 1-10 Employees
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LIRIDI is a digital platform that provides purchase financing for micro-business owners
WHO WE ARE: LIRIDI is a digital platform that provides purchase financing for micro-business owners and entrepreneurs in emerging economies. Ours headquarter located in London and our first pilot market is Sri Lanka, where a local subsidiary company – Liridi Lanka is established and, also, an active local core team, highly experienced in the local micro-finance market, is built.

WHAT PROBLEM WE SOLVE: We are building a global cloud-based platform that connects three large community on the national level:
• local financial institutions,
• domestic merchants, and
• underbanked micro-business owners and entrepreneurs. As a result, we enable micro-enterprises to get goods and services whenever they need and at a fair price, and paying for them later, just using our mobile application (Liridi App).

MARKET: LIRIDI’s target segment is underbanked micro-business owners and entrepreneurs in the emerging economies. The strategic geographical focus is Sub-Sahara Africa and South Asia, with the pilot market in Sri Lanka, and with a target for 2025 – 12 countries of the outlined region.

TEAM: We have a team of 11 people daily involved in company product development and management:
• 1 member – the Sri Lanka office Director
• 5 members are involved in product development and overall company management
• 5 members – highly experienced IT development team, with extensive experience in the FinTech sector.

TECHNOLOGY: IT development of the platform has been already in progress since November 2019 with our in-house development team, with extensive experience in the FinTech sector. By today we have developed: - Liridi App for Android: App betta-testing is in progress at the Sri Lanka market, - proprietary borrower's KYC verification engine with an additional verification level via partner technology companies - proprietary social and mobile-based scoring engine, Loan Management System ver.1 - back-end infrastructure for data collection and storage, etc.
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