Lupiya closes Series A in Zambia! Time is key! | Africa: The Big Deal posted on the topic | LinkedIn

▤ Summary

People often ask how come that or this country isnt bigger in terms of startups funding and one of the answers we often give is: time. If you zoom in and look at the case of the startup Lupiya which just announced their Series A (well done \U0001f389 ! ), well, the fintech startup was created back in 2016, raised their first million $ in 2020 and then another 3 years until Series A. When you need on average 18-24 months between each round thats what it takes (see our post on the topic below). And of course, really cool to see Lupiya - also a female-led startup!

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