New Investments
Lupiya, Zambia's Leading Neobank, Secures $8.25m in Series A Funding
Lupiya was founded in 2016 with the mission to close the financial inclusion gap in Zambia by providing simple, technology-driven financial solutions to the unbanked and underbanked.
Lupiya has seen rapid growth in recent years. In 2022, the company processed over $200 million in transactions and grew its customer base by 200%.
The Series A funding round is a significant milestone for Lupiya and validates its business model.
The Series A funding round will help Lupiya capitalize on these opportunities and further its mission to close the financial inclusion gap in Zambia.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Ghanaian AI Startup Aya Data Secures Seed Funding to Expand AI Solutions
Aya Data, a Ghanaian artificial intelligence (AI) startup, has successfully raised $900,000 in a seed funding round led by 54 Collective, with additional contributions from several angel investors.
Logidoo: Rising Star in African Logistics Secures $1.55 Million Seed Funding
Logidoo, a leading player in the African logistics and e-commerce space, has announced a significant seed funding boost of $1.55 million.
Nigerian Fintech FrontEdge Secures $10 Million to Boost African Cross-Border Trade
FrontEdge, a Nigerian fintech startup based in Lagos, has successfully raised $10 million in a seed round of funding, with over 70% of the capital contributed through debt financing.