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Zambian neobank Lupiya extends its Series A funding to $11.25m, led by Alitheia IDF Fund to strengthen its technology and expand services.

PRIVATEFeb 26, 2026

Amount Raised

$11.3 Million

Round Type

Series A

United Arab EmiratesFinancial ServicesFinanceFintechLending

Investors

Kfw DegInoks Capital SAAlitheia IDF Fund

Description

Lupiya has successfully extended its Series A funding round to $11.25m. This funding will enhance its technological infrastructure and broaden its financial products. The round was initially announced at $8.25m, with significant participation from INOKS Capital and KfW DEG. Founded in 2016, Lupiya aims to become a leading pan-African neobank.

Quick answer

Lupiya raised $11.3 Million in a Series A round, dated February 26, 2026. Investors: Kfw Deg, Inoks Capital SA and Alitheia IDF Fund. Lupiya is based in United Arab Emirates.

How much did Lupiya raise?
Lupiya raised $11.3 Million in a Series A round on February 26, 2026.
Who invested in Lupiya?
Kfw Deg, Inoks Capital SA and Alitheia IDF Fund are named as investors in this round.
What does Lupiya do?
Lupiya is a fast-growing neobank and fintech founded in 2016, focused on bridging the financial inclusion gap in Zambia.
Where is Lupiya based and how big is it?
Lupiya is based in United Arab Emirates.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Lupiya that raised within 45 days of this round, from Fundz verified event records.

  • KreditBee raised $280M (Funding Round) on April 8, 2026.
  • PIMCO Asset-Based Lending Company raised $880K (Seed) on April 1, 2026.
  • Valinor Digital raised $25M (Seed) on March 31, 2026.
  • Uncia raised $3M (Seed) on March 27, 2026.
  • Galdera Labs raised $1.7M (Pre-Seed) on March 27, 2026.
  • Zalos raised $3.6M (Seed) on March 24, 2026.

Who to call at Lupiya, and when

A new round usually means Lupiya is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lupiya raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lupiya, from your own LinkedIn network

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Company Information

Company

Lupiya

Location

United Arab Emirates

About

Lupiya is a fast-growing neobank and fintech founded in 2016, focused on bridging the financial inclusion gap in Zambia. The company provides technology-driven financial solutions aimed at the unbanked and underbanked populations. It has raised significant funding, including over $14 million to date, which is invested in enhancing its technological infrastructure and expanding its financial product offerings.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Lupiya raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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