Zambian fintech startup Lupiya raises $8.25m Series A round to grow neobanking business

Lupiya is a fintech startup that provides online loans. Here are details of Lupiya’s latest funding round :

🚀 Launch


🏭 Industry

Financial services


Evelyn Chilomo Kaingu, Muchu Kaingu, Lerato Siame, Mwansa Kateule

💸 Funding & Investors

  • Investment (September 2023) : $8.25 million (Series A)
  • Investors : led by Alitheia IDF Fund, with substantial participation from INOKS Capital SA and the German Investment Bank KfW DEG.

🎯 Funding purpose

Scale operations

🌐 Country HQ

Zambia (Lusaka)

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