Lupiya - About the company
Lupiya is a series A company based in Lusaka (Zambia), founded in 2016 by Evelyn Chilomo Kaingu and Muchu Kaingu. It operates as an Online lending marketplace for consumer and business loans. Lupiya has raised $20.5M in funding from Alitheia IDF and Enygma Ventures.
Company Details
Online lending marketplace for consumer and business loans. It offers customers multiple financing products including personal loans, working capital loans, salary advance loans, collateral-backed loans, scheme loans, micro loans, and many more. Users need to apply for funding via its online lending platform, where it connects borrowers with multiple lending partners and upon credit assessment approval, the loan amount is directly transferred to the linked bank or e-wallet account.
- Website
- www.lupiya.com/
- Social
Key Metrics
Founded Year
2016
Location
Lusaka, Zambia
Stage
Series A
Total Funding
$20.5M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 2 active competitors
Employee Count
62 as on Apr 30, 2026
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Lupiya's funding and investors
Lupiya has raised a total funding of $20.5M over 3 rounds. Its first funding round was on Jul 08, 2020. Its latest funding round was a Series A round on Feb 17, 2026 for $*****. 3 investors participated in its latest round. Lupiya has 4 institutional investors.
Here is the list of recent funding rounds of Lupiya:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2026 | 7261880 | Series A | 6860135 | 2058510 | 4018487 | 1189027 |
Sep 18, 2023 | 8881673 | Series A | 2446910 | 1676457 | 6531355 | |
Jul 08, 2020 | 1820962 | Seed | 6589986 | 3488367 | 9454371 |
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Lupiya's founders and board of directors
Founder? Claim ProfileThe founders of Lupiya are Evelyn Chilomo Kaingu and Muchu Kaingu. Evelyn Chilomo Kaingu is the CEO of Lupiya.
Here are the details of Lupiya's key team members:
- Evelyn Chilomo Kaingu: Co-Founder & CEO of Lupiya. Contact Info: 1 email address
- Muchu Kaingu: Co-Founder & CTO of Lupiya. Contact Info: 1 email address
View details of Lupiya's Founder profiles and Board Members
Lupiya's employee count trend
Lupiya has 62 employees as of Apr 26. Here is Lupiya's employee count trend over the years:
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Lupiya's Competitors and alternates
Top competitors of Lupiya include CreditEnable. Here is the list of Top 10 competitors of Lupiya, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online lending marketplace for consumer and business loans | $20.5M | 54/100 | ||
2nd |  CreditEnable 2017, London (United Kingdom), Seed | Online marketplace for business loans | $10.1M | 38/100 |
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Lupiya's Investments and acquisitions
Lupiya has made no investments or acquisitions yet.
News related to Lupiya
Media has covered Lupiya for 1 event in last 1 year.
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Zambian fintech, Lupiya, started with a $500 loan book, eyes top spot at GITEX Global Supernova challengeTechpoint.Africa•Oct 16, 2024•Lupiya
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Zambia neobank Lupiya partners Network International for debit cardFinextra•Sep 12, 2024•Network International, Lupiya
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Network International Extends Partnership With Orabank Group To Strengthen Francophone MarketsAfrica Business Communities•Sep 05, 2024•Network International, Orabank, Lupiya
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Zambian neobank Lupiya secures $8.25m fundingBizcommunity.com•Sep 18, 2023•Lupiya, Alitheia IDF, Inoks Capital, Kfw and 2 others
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Lupiya raises $8.25 million in Series A to drive financial inclusion in ZambiaTechloy•Sep 18, 2023•Lupiya, Enygma Ventures, Alitheia IDF, Inoks Capital and 1 other
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Zambian fintech startup receives $1-million investmentVentureburn•Jul 08, 2020•Lupiya, Enygma Ventures
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