Lipa Later
Payment option that allows consumers to purchase goods and services in monthly instalments
Location: Kenya
Website: https://lipalater.com/
Sector: Fintech
Funding Stage: Seed, Venture Round, Pre-Series A, Venture Round, Debt,
Total Funding ($m): 16.7
# of Founders: 2
Founding Year: 2015
Funding Year: 2022
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2020 | $1m | Seed | Lateral Capital, Platform Capital |
| 2021 | $0.1m | Venture Round | Uncovered Fund |
| 2022 | $12m | Pre-Series A | Cauris Finance, Lateral Frontiers VC, Greenhouse Capital, SOSV, Sayani Investments, Axian Group, Seedstars |
| 2023 | $0.1m | Venture Round | Republic |
| 2023 | $3.5m | Debt | n.a. |
Seed $1m
Lateral Capital, Platform CapitalVenture Round $0.1m
Uncovered FundPre-Series A $12m
Cauris Finance, Lateral Frontiers VC, Greenhouse Capital, SOSV, Sayani Investments, Axian Group, SeedstarsVenture Round $0.1m
RepublicDebt $3.5m
n.a.News
https://lipalater.com/blogs/lipa-later-successfully-closes-a-kes-500-million-privately-placed-debt-issue-sets-sights-on-raising-kes-2bn