Lupiya is a neobank serving emerging African markets that provides online lending, peer-to-peer lending investments, and online payments. It addresses inefficiencies in traditional financial services in Africa by offering faster loan processing times and greater access for women and those in rural areas. Lupiya operates in Zambia and plans to expand to other African countries, with an initial target market of $140 million in Zambia. It has experienced strong growth and won several awards for its work in financial inclusion.

1. Lupiya is a NeoBank for Emerging African Markets
Backed by +

2. Problem
Financial Services in Africa are inefficient and do not work for a
rapidly digitizing continent.
64%
Cash
Transactions
3wks
Average Loan
Processing Time
70%
Financially Excluded
Women
Sources: KPMG/ EDC/ World Bank/ LSEG
65%
Adult Population
Marginalized

3. Solution
A neobank serving emerging
African markets:
• Online Lending
• Online Investments: Peer-to-Peer Lending
• Online Payments
“Lupiya” means “money” Zambian local language.

4. Total Accessible Market
Africa
Serviceable Accessible Market Serviceable Obtainable Market
Zambia
TAM
$108bn
Per Annum
SAM
$25bn
Per Annum
SOM
$140mn
Per Annum
Market Size
Sources: World Bank, United Nations, Statista, MasterCard
Zambia
Tanzania
Malawi

5. Business Model
10%
Lending
10%
Service Fee
8%
Interest
P2P Investments
1%
Service Fee
0.25%
Tenure Fee
1.7%
Local Transactions
6.9%
International
Payments

6. Competition
Digital
Brick and Mortar
Single Product
Offering
Comprehensive
Offering
+Banks
+Microfinance
Lupiya is the only digital
financial services provider
in Zambia that provides
inclusive loans, accessible
investments & payments.

7. Partnerships & Coverage
§ Global Startup Awards – Startup of the Year, Southern Africa, 2021
§ AfricArena Best Series A Startup – Southern Region, Award, 2021
§ TechTrends Fintech of the Year Award, 2021
§ Zambia Ecommerce Awards – Financial Inclusion Award, 2020
Traction
Annual Revenue
ARR Loan Book Customers EBIDTA
598%
YOY Growth
437%
YOY Growth
120%
YOY Growth
1500%
YOY Growth
Net Income
137%
YOY Growth

8. Our Team
Evelyn Kaingu
Co-founder & CEO
• Economics
• 10YOE Banking &
Finance
Muchu Kaingu
Co-founder & CTO
• Computer Science
• 15YOE Software Engineering &
Technology Startups
Chantelle Nayame
Head of Finance
• Finance
• 10YOE Accounting & Financial
Management
Lelemba Phiri
Advisor
• Finance, Investments
• Successful Fintech Exit
Sarah Dusek
Director, Investor
• Seasoned Entrepreneur
• $100m Exit
Jacob Dusek
Director, Investor
• Seasoned Entrepreneur
• $100m Exit
Advisors and Investors
Execution Team
Inclusive Team: Female-run, 60% Female Employees, 66% Female Management

9. Our Ask
USD 10 million
33%
35%
25%
7%
Use of Funds - Equity
Technology
Operations
Sales & Marketing
CAPEX
Fundraising Progress
Committed
Pending
75%

10. Evelyn Kaingu
Co-founder & CEO
evelyn.kaingu@lupiya.com
@lupiyaloans
lupiya.com
Q&A