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Published at Thursday, January 20, 2022 6:08 PM in the community Africa Next

πŸš€πŸ‘ A new funding round for a Africa Next startup: congrats to Lipa Later for its pre-Series A round! #AfricaNext

Happy to see that Lipa Later, the Buy Now Pay Later (BNPL) startup, has raised a $12M pre-Series A funding round, led by our first circle investor Lateral Capital, and followed by VC firms such as the first circle investor SOSV.

 

The Kenyan consumer credit platform, is led by the CEO Eric Muli, will use this new round to fund expansion in its existing markets of Kenya, Uganda and Rwanda, and also open new operations in Tanzania, Nigeria and Ghana.

 

πŸ‘‰To learn more about LipaLater, click here to see its profile.

 

πŸ‘‰ Get back to us if you'd like an introduction to either Lipa Later or Lateral Capital.

 

Source : Kenyan BNPL startup Lipa Later eyes more African markets after raising $12 million - TechCrunch