After five years of operation, Klump is closing its doors. The Nigerian buy now, pay later startup built its model around giving consumers access to credit at the point of sale, but its founders have concluded that the standalone BNPL approach is no longer the right fit for the market.
The source content provided is too limited to expand further without inventing details. Once the full story is available, we can bring you the complete picture on what this closure means for Nigeria's growing fintech space.
Originally published by BusinessDay.