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Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.
Kenyan BNPL company Lipa Later has raised a $12 million pre-series A funding to expand across Africa.
Lipa Later, a Kenyan tech-led consumer credit platform, is planning to expand to new markets in Africa after raising $12 million in pre-Series A funding. The equity and debt funding round saw the participation of Cauris Finance, Lateral Frontiers VC, GreenHouse Capital, SOSV IV LLC, Sayani Investments and Axian Financial Services. The startup, a buy-now-pay-later […]
iAfrica 2 months ago 1 min read Share with your network! Kenyan startup LipaLater, a tech-driven consumer credit platform, launched in Rwanda towards the end of last year and shall be expanding into Nigeria and Uganda in 2021 after securing investment. Formed in 2016, LipaLater leverages data analytics to provide consumers with access to convenient and affordable credit. “In simpler words, we seek to promote affordable living across Africa by offering convenient and flexible payment optio...
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