A Nigerian health-fintech company, Medikia Finance, has launched the beta version of its AI-powered financial platform aimed at bridging the gap in banking and access to credit for pharmacies, hospitals, clinics, laboratories, and other healthcare providers across Nigeria.
The platform was unveiled during a Pharmalliance healthcare stakeholders’ meeting held in Ibadan, where pharmacists and healthcare business owners were introduced to Medikia’s suite of financial products designed specifically for the healthcare sector.
Speaking at the event, the Founder and Chief Executive Officer of Medikia Finance, Adebamijo Adebiyi, said the platform was created to solve a recurring challenge faced by healthcare businesses—limited access to financial products that reflect the realities of healthcare cash flow cycles, including delayed reimbursements, supplier payments, and inventory financing.
He added that the company’s mission is to empower healthcare providers with intelligent financial solutions that improve cash flow management, expand access to financing, strengthen business resilience, and ultimately improve healthcare delivery.
The company disclosed that it has invested more than ₦12 million in product development, regulatory preparation, infrastructure, and market research ahead of the beta launch. It also revealed that more than 300 healthcare providers across Nigeria have already expressed interest in the platform.
According to Adebiyi, the platform offers Business Banking Services, Collections and Payment Infrastructure, Invoice Financing (MediFi), Healthcare Credit Financing (MedCred), Payroll Services, and AI-powered Healthcare Credit Scoring.
He further explained that Medikia Finance also introduced its proprietary Smart POS Terminal, designed specifically for healthcare providers. The device combines secure payment processing with integrated banking, collections, settlements, and future financing capabilities.
The founder added that the company’s AI-powered credit intelligence engine evaluates healthcare businesses using operational and financial data to help them build stronger credit profiles and improve access to financing over time.
“Healthcare providers play a critical role in delivering care to millions of Nigerians, yet many operate with limited access to financial tools built around their realities. Medikia Finance was created to provide infrastructure that helps healthcare businesses access banking, financing, and operational tools that support sustainable growth,” Adebiyi said.
Also speaking, Lead POS Hardware Engineer, **Idowu Adebiyi**, said the company’s Smart POS Terminal was built with healthcare providers in mind.
“Healthcare providers require payment infrastructure they can trust every single day. This is much more than a payment terminal. We are building smart financial infrastructure that connects healthcare providers to banking services, digital collections, business intelligence, and AI-powered financial products,” he said.
