# LipaLater

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lipalater

- Industry: Financial Services
- Headquarters: Nairobi, Kenya
- Website: https://lipalater.com
- Total disclosed funding: $13M
- Latest round: Seed (Jan 13, 2022)
- Investors on record: 8

## About

Founded in 2018 and based in Nairobi, Kenya, LipaLater Ltd. provides postpaid payments for e-commerce stores. The firm's CEO is Mr. Eric Muli. In September 2023, LipaLater Ltd. raised KES 500 million in venture debt funding. LipaLater Ltd. provides a point of sale credit option platform that allows consumers to purchase products from retailers and pay in monthly installments. The firm's platform also provides a calculator that enables consumers to calculate their desired monthly installments depending on the price of the product purchased. The company plans to use the September 2023 funding for business expansion and operations.

## Funding rounds

- Seed, Jan 13, 2022, $12M — Greenhouse Capital Partners, SOSV, Lateral Frontiers, AXIAN Investment, Sayani Investments, Cauris
- Seed, Sep 21, 2021 — SOSV
- Seed, Jun 1, 2021 — Orbit Ventures
- Seed, Jan 30, 2020, $1M — Lateral Frontiers
- Seed, Jun 1, 2019 — 54 Collective

## Investors

- 54 Collective (https://capitalatlas.ai/funds/54-collective) — Seed
- Lateral Frontiers (https://capitalatlas.ai/funds/lateral-frontiers) — Seed
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Greenhouse Capital Partners (https://capitalatlas.ai/funds/greenhouse-capital-partners) — Seed
- AXIAN Investment (https://capitalatlas.ai/funds/axian-investment) — Seed
- Sayani Investments (https://capitalatlas.ai/funds/sayani-investments) — Seed
- Cauris — Seed