Lipalater
OperatingLipalater is a digital lending marketplace providing "buy now pay later" services.
- Financial Services
- Nairobi, Kenya
- Seed
- Founded 2015
- lipalater.com ↗
- Total raised
- $1M
- disclosed
- Last round
- $1M
- Seed
- Rounds
- 2
- since 2015
- Investors
- 2
- on record
- Employees
- 51-200
About Lipalater
Lipa Later is a risk free, point of sale credit option that allows retailers to sell goods and services to consumers with repayments made in affordable monthly instalments.
It is the leading third party instalment plan for retailers in East Africa currently operating in Kenya and Rwanda.
Our product offering allows for both online and offline integration with retailers and both online and offline sales platforms for consumers.
Lipalater funding2 rounds
All 2 rounds →Lipalater has raised $1M across 2 disclosed rounds. The latest is a $1M Seed announced 01 Feb 2020, led by Lateral Capital.
- $40KPre-seedPre-seed, $40K, $40K raised to date
- $1MSeedSeed, $1M, $1M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Lipalater
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 01 Feb 2020 | Lipalater Seed | Lateral Capital | $1M |
| 17 Apr 2019 | Lipalater Pre-seed | Founders Factory Africa | $40K |
Lipalater competitorssame sector · similar funding
- Lipa PaymentsSandton, South Africa
- FlexpayNairobi, Kenya
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Frequently asked about Lipalater
- Where is Lipalater based and when was it founded?
- Lipalater is headquartered in Nairobi, Kenya and was founded in 2015.
- How much funding has Lipalater raised?
- Lipalater has raised $1M across 2 disclosed rounds. Its latest, a $1M Seed, was announced on Feb 01, 2020.
- Who has invested in Lipalater?
- Backers include Lateral Capital and Founders Factory Africa.
- What sector is Lipalater in?
- Lipalater operates in Financial Services, FinTech and Marketplace.
