Lending platform Lidya is looking to expand into the Czech Republic and Poland.
The platform has already provided thousands of loans across Nigeria.
It plans to disburse $1.1bn within the next five years.
The platform targets small businesses which would struggle to gain finance from larger banks.
What does this mean?
Lidya is certainly filling what many FinTechs have identified as a gap in the market recently. Its online scoring system allows it to make fast decisions so businesses are not kept waiting – however the size of loans will be much larger in the Eastern European market which could mean more checks are needed.