Lipa Later
ClosedNairobi, Kenya · Founded 2015
- Headquarters
- Nairobi
- Employees
- 51–200
- Founded
- 2015
- Website
- lipalater.com
- Last Round
- SeedJan 2022
- Rounds
- 1
About
Lipa Later was a pan-African buy now, pay later (BNPL) fintech founded in Kenya in 2018, enabling consumers across Kenya, Uganda, Rwanda, and Nigeria to purchase electronics, furniture, and other goods with flexible monthly installment payments. The company grew to serve 350,000+ consumers and 35,000 merchants, partnering with major brands like Carrefour and Mastercard before acquiring East Africa's leading e-commerce platform Sky.Garden to evolve into a merchant neobank. Lipa Later was placed into administration in March 2025 after financial difficulties despite raising over $16 million across multiple funding rounds.
Summary
Lipa Later is an E-Commerce company based in Nairobi, Kenya, founded in 2015. Its most recent funding was a Seed round in Jan 2022.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Sep 2023
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Seed through Debt Financing — per-round amounts, valuations, and who invested in each round.
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