Lipa Later Archives – CEO East Africa

BNPL Startup, Lipa Later Raises USD 5m, Targets a Further USD 20m.

by Jonathan N. LubwamaEast Africa Finance Fintechs ICT Startups The Big StorySeptember 13, 2023September 13, 2023

Kenyan fintech powerhouse, Lipa Later Group, has successfully raised $5 million in a private debt issuance, marking a significant milestone in its financial journey. However, the company’s ambitious expansion plans require an additional $20 million, which it aims to raise through a combination of equity and debt.Lipa Later is also…

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Lipa Later Embarks on Ambitious $1.24M Raise in a Global Crowdfunding Campaign.

by Jonathan N. LubwamaFintechs ICT News & Analysis StartupsSeptember 7, 2023September 7, 2023

In a significant development for the African fintech sector, Lipa Later, a leading fintech platform, launched a global crowdfunding campaign after securing regulatory greenlight in the USA. The company aims to raise $1.24 million in capital through Republic, a renowned global investor ecosystem at a $30m valuation cap. So far,…

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