FINTECH AFRICA | Prominent Kenyan Buy Now Pay Later (BNPL) Fintech Startup, Lipa Later, to Shut Down After Failing to Raise Funding

FINTECH AFRICA | Prominent Kenyan Buy Now Pay Later (BNPL) Fintech Startup, Lipa Later, to Shut Down After Failing to Raise Funding

Kenyan buy-now-pay-later (BNPL) startup, Lipa Later, has been placed under administration after failing to secure the funding needed to sustain its operations.   According to local reports, the company was placed under administration in March 2025, with Joy Vipinchandra Bhatt from Moore JVB Consulting LLP, appointed as the administrator. Creditors have until April 2025 to submit their claims. “We are currently engaging all key stakeholders of th…