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Lupiya

Pioneering Zambian neobank, Lupiya, has successfully secured $8.25 million in a Series A funding round in collaboration with industry stakeholders.

South africaSouth africanSarah dusekKamala harrisPolo letekaVincent malekaniEvelyn chilomo kainguEquity fundGerman investment bank kfWorld bankUn international trade centerPioneering zambianPrivate equity fundGerman investment bank kfwPresident kamala harrisChilomo kaingu

👨🏿‍🚀 TechCabal Daily-Can Francis Dufay rescue Jumia?

Since Jumia set up shop in Africa, it hasn't been profitable. According to the company's report, it lost $167 for every $100 it earned.

United statesSouth africaCoted ivoireFrancis dufayLogan paulAfrica fundCompetition commissionEnterprise fund for agricultureInternational finance corporationAlpha mundi group jiri investment fundGerman investment bank kfCommunications authority of south africaAfrica venture capital associationAcumen resilient agriculture fundVestedworld rising star fundSilicon valley

Lupiya raises $8 25m Series A round to grow neobanking business in Africa

Africa Business Communities

Evelyn chilomo kainguPolo letekaMarlene mutimawaseGerman investment bank kfGerman investment bank kfwEast africanSouth africa based

Zambia s Lupiya raises $8 25m Series A round to grow neobanking business

Zambian neobank Lupiya has successfully secured US$8.25 million in Series A funding to scale operations in its home market and in new ones.

Evelyn chilomo kainguPolo letekaGerman investment bank kfGerman investment bank kfwEast africanSouth africa based

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