As loan defaults rise, Zeeh relaunches Direct Debit for Nigeria’s digital lenders
- Zeeh Africa has relaunched its Direct Debit feature to improve loan repayment processes.
- The Central Bank of Nigeria reported a rise in defaults on unsecured loans in Q2 2025.
- Zeeh Africa's Direct Debit allows automatic debits from customers' accounts with their consent.
Zeeh Africa's initiative to automate loan repayments is a significant step towards improving the efficiency of digital lending in Nigeria. However, the startup must navigate a competitive landscape dominated by well-established players. Its success will depend on how effectively it can differentiate its offerings and scale its operations.
