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Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa

Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data

The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is largely dependent on the maturity of its domestic credit industry. Nigeria’s domestic credit market pales…