The Zambian neobank Lupiya has partnered with Network International, a leading enabler of digital commerce across Africa and the Middle East, to launch a new debit card.
Lupiya, is an AI-driven neobank revolutionizing financial inclusion through its online lending and digital payments platform. The platform leverages alternative data and machine learning models to assess creditworthiness, enabling individuals and businesses traditionally excluded by banks to access both credit and secure payment services.
Lupiya offers a range of financial products, including personal loans, SME financing, and digital payments, and is now launching a debit card in partnership with Network, a digital payments company that serves governments, banks, public sector companies, fintech, and merchants of all sizes. The company serves over 250 financial institutions and 130,000 merchants in more than 50 countries.
Muchu Kaingu, CEO of Lupiya Pay said: “At Lupiya, we are driven by the mission to revolutionise financial inclusion across Africa. Our partnership with Network International represents a significant leap forward in providing secure, accessible, and innovative digital financial solutions. By launching an e-commerce-enabled debit card with 3D Secure and tokenization, we are empowering individuals and businesses to participate in the digital economy more effectively.”
The new debit card is e-commerce enabled, with 3D Secure and tokenization. This will help diversify Lupiya’s value proposition to include simplified lending and digital payments to its existing and growing new customer base.
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