Lupiya Financial Services

Financial ServicesSeries ALusaka, Zambialupiya.com

Latest round

Series A

Last raised

Feb 2026

Total raised

$11M

Investors

3

About Lupiya Financial Services

Lupiya Circle Limited is a neobank established in 2016 in Lusaka, Zambia, focusing on improving financial accessibility for various demographics. The founder, Muchu Kaingu, has guided the company through its early growth stages under the leadership of CEO Evelyn Kaingu. Lupiya offers a range of digital financial services aimed at improving access to credit for individuals and small businesses. Its primary offerings include personal loans, business loans, agricultural loans, and collateral-backed loans, which can be accessed via their website and mobile app. This user-friendly platform allows customers to choose loan types, repayment plans, and interest rates tailored to their needs, focusing primarily on civil servants, farmers, and entrepreneurs in Zambia. The company generates revenue through service fees linked to its loan offerings, where fees are incurred based on loan amounts and repayment durations. For example, when a customer secures a personal loan, the service fee is included in the total loan amount. Additionally, revenue is derived from interest on various loan products, structured to remain competitive while ensuring profitability. The direct-to-consumer model allows clients to access loans through the app, establishing a B2C revenue framework that supports their flagship services such as instant and agricultural loans.

Who invested in Lupiya Financial Services

3 investors across 2 rounds

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Funding rounds

  1. Series A

    Feb 13, 2026

    Amount

    $3M

    Investors

    Locked

  2. Series A

    Sep 18, 2023

    Amount

    $8.3M

    Investors

    Locked

Questions about Lupiya Financial Services

Who invested in Lupiya Financial Services?

Lupiya Financial Services has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Lupiya Financial Services raised?

Lupiya Financial Services has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Lupiya Financial Services last raise money?

Lupiya Financial Services's most recent round on record is a Series A, in Feb 2026.

What does Lupiya Financial Services do?

Lupiya Circle Limited is a neobank established in 2016 in Lusaka, Zambia, focusing on improving financial accessibility for various demographics.

Where is Lupiya Financial Services headquartered?

Lupiya Financial Services is headquartered in Lusaka, Zambia.

Which VCs invest in companies like Lupiya Financial Services?

Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Lupiya Financial Services's stage. Their profiles are linked below.

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