# LipaLater

**Source:** https://www.startuphub.ai/startups/lipalater
**Profile type:** Startup

> A lending marketplace that provides postpaid payments at e-commerce stores.

## About

LipaLater provided a buy-now-pay-later (BNPL) service, allowing consumers to purchase goods and services on installment plans. The platform partnered with retailers to offer point-of-sale credit, enabling customers to pay over time while retailers received upfront payment. LipaLater aimed to promote financial inclusion and empower African businesses.

## Key facts

- **Slug:** lipalater
- **Website:** https://www.lipalater.com/
- **Location:** Nairobi, Kenya
- **Founded:** 2012
- **Operating status:** Inactive
- **Total funding:** $18M

## Frequently asked

### What does LipaLater do?

LipaLater provided a buy-now-pay-later (BNPL) service, allowing consumers to purchase goods and services on installment plans. The platform partnered with retailers to offer point-of-sale credit, enabling customers to pay over time while retailers received upfront payment. LipaLater aimed to promote financial inclusion and empower African businesses.

### What is LipaLater's valuation?

StartupHub estimates LipaLater's effective valuation at $66.5M (range $45.4M to $108.8M, 11% confidence), based on comparable companies in the sector.

### How much funding has LipaLater raised?

LipaLater has raised a total of $18M in funding. The most recent round on record is Grant.

### Where is LipaLater headquartered?

LipaLater is headquartered in Nairobi, Kenya.

### When was LipaLater founded?

LipaLater was founded in 2012.

### What is LipaLater's current status?

LipaLater's current operating status is: Inactive.

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