FUNDINGUpdated 1 months ago

Lipa Later Pan-Africa

Lipa Later: founded Kenya. Consumer credit up to KSh 500,000 with up to 12-month payment plans. Mastercard partnership Aug 2023 expanded into KE/RW/UG/NG. Healthcare and education sector financing 2024.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
Lipa Later
Location
Kenya, Rwanda, Uganda, Nigeria
Status
Open
Application Deadline
Rolling
Type
BNPL
Amount
KES 500 to 500,000
Size
small
Language
English
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Description

Lipa Later is a pan-African BNPL operator founded in Kenya offering consumer credit up to KSh 500,000 with up to 12-month payment plans. In August 2023, Lipa Laters partnership with Mastercard expanded the company into Kenya, Rwanda, Uganda, and Nigeria simultaneously. During 2024, Lipa Later extended into sector-specific offerings in healthcare and education financing. The company is one of the few African BNPL operators to have built genuine pan-African scale through a single brand and product. Lipa Later is one of the four operators identified in the Q1 2026 Africa BNPL Databook as central market players.

Focus Sectors

BNPL, Consumer Credit, Healthcare, Education