In a significant development for the African fintech sector, Lipa Later, a leading fintech platform, launched a global crowdfunding campaign after securing regulatory greenlight in the USA. The company aims to raise $1.24 million in capital through Republic, a renowned global investor ecosystem at a $30m valuation cap. So far, the startup has raised $26,000 as per its Republic page. This move marks a significant milestone for Lipa Later, placing it among a select group of African startups that have successfully ventured into the realm of global crowdfunding. Crowdfunding is a method of raising capital through the collective effort of…

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About the Author

Jonathan is the Senior Tech, Startups and Venture Capital Reporter at CEO East Africa.

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