The Kenya-based startup aims to empower African businesses to do more by enabling e-commerce, financial inclusion, and shopping on one centralized and fully integrated platform.
Lipa Later has received exclusive approval to raise funds from the United States (US) public. It has become one of the first African companies to secure the green light from the US Securities and Exchange Commission (SEC) to pitch for investment through Republic.
This global financial technology company allows anyone to invest in anything, anywhere. By leveraging Republic’s platform, Lipa Later gains access to a worldwide network of backers who are passionate about supporting groundbreaking ventures that have the potential to make a lasting impact.
Lipa Later CEO Eric Muli said: “We are thrilled to offer retail investors in the US and worldwide the opportunity to invest in one of Africa’s fastest growing fintech. Our excitement is magnified as we pioneer a trend, embarking on becoming a global business and the financial control center for Africa’s 50 million retailers,”
“This marks a significant step in our journey, and we are eager to share this transformative experience with all investors. This isn’t just an investment opportunity – it’s a catalyst for entrepreneurship, a cradle for job creation, and a beacon of economic development across an entire continent, as well as an opportunity to make a remarkable return on your investment. We aim to bank 100,000 SMEs.”