Africa Delivery Technologies (ADTL), the Dutch parent of Nigerian delivery platform Kwik, has been declared bankrupt by a court in Amsterdam. The ruling came after a legal dispute with a former executive over $50,000 in unpaid compensation.
Despite this, Kwik’s CEO, Romain Peroit-Lellig, insists that business in Nigeria remains unaffected. “Whatever happened is not affecting the operations,” he told TechCabal. The platform, which claims over 300,000 merchants and just raised $1 million, says deliveries, staff pay, and rider payouts continue without disruption.
The bankruptcy was triggered by Adam Grant, Kwik’s former head of sales, who accused the company of withholding payments and lacking the willingness—or liquidity—to settle. A second creditor, B54, also claims Kwik defaulted on a $50,000 loan and has joined legal proceedings.
Kwik’s CEO argues that the debts are minor, insists the company is not insolvent, and describes the court filings as pressure tactics. He also claims no formal legal service was completed in some of these cases.
This will be the second major bankruptcy among Nigerian logistics startups this year, following Gokada’s Chapter 11 filing. But Kwik’s case is different. It is involuntary, led by creditors, and rooted in unresolved debts, not operational collapse.
While legal troubles mount, Kwik maintains that its Nigerian arm is stable and that it’s working to resolve disputes with all involved parties.
The road ahead may be rocky, but for now, Kwik is still rolling.
