Tech Company Financing Transactions
Lupiya Funding Round
On 9/18/2023, Lupiya raised $8.3 million in Series A financing from Alitheia Capital, Alitheia IDF and DEG.
Transaction Overview
Company Name
Announced On
9/18/2023
Transaction Type
Venture Equity
Amount
$8,250,000
Round
Series A
Proceeds Purpose
The funding will be channeled into enhancing Lupiya's technological infrastructure, expanding its range of financial products, and scaling its operations to reach more customers.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
First Floor | Saturnia House Dunduza Chisidza Crescent Long
Lusaka, 10101
ZM
Lusaka, 10101
ZM
Phone
Website
Email Address
Overview
Lupiya is an award-winning, venture-backed fintech startup that provides online loans. We started Lupiya to foster financial inclusion in Zambia by simplifying borrowing processes and requirements. We believe every Zambian should be accorded fair opportunity to access financing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Evelyn Kaingu
Chief Technical Officer
Muchu Kaingu
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