Lipa Later

Business model

Buy-now-pay-later (BNPL) financing for consumer purchases across East Africa.

In brief

One of East Africa's most prominent BNPL fintechs, expanding rapidly across the region before making a $1.9M acquisition of a struggling e-commerce platform, Sky Garden, in late 2023 to diversify its business. That acquisition strained an already leveraged balance sheet, and afte…

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