Lipa Later Acquires Sky.Garden for $1.6M, Launching a Revamped E-commerce Ecosystem in Kenya 🤝🏽

Lipa Later Acquires Sky.Garden for $1.6M, Launching a Revamped E-commerce Ecosystem in Kenya 🤝🏽

#e-commerce
#fintech
Kenyan fintech startup, Lipa Later, acquires Sky.Garden for $1.6 million, unveiling a rebranded e-commerce ecosystem with innovative features. The move aims to empower businesses and customers, transforming the conventional online retail landscape. 🚀💳

Kenyan fintech Lipa Later has acquired online retailer Sky.Garden for $1.6 million, reshaping its platform to introduce a rebranded e-commerce ecosystem. Lipa Later, which raised $3.4 million in September, revamped and rebranded Sky.Garden, aiming to connect 100,000 merchants. The ecosystem now offers more than online shopping, providing infrastructure for businesses to thrive, including payment solutions, logistics support, marketing tools, and business insights. The acquisition brings forth innovative products like Sky.Tickets, Sky.Logistics, Sky.Commerce, and Sky.Wallet, providing tailored financial solutions for merchants. Lipa Later envisions being a commerce catalyst, fostering local ownership and operation to understand the needs of the community and contribute to the nation's prosperity. 🌐💡


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