Enygma Ventures Ventures has made a $1 million investment in Zambian based microfinance startup, Lupiya. This investment will enable Lupiya to continue to scale and roll out its services fulfilling its mission of ensuring Zambians, particularly women are able to participate in the economy through its financial inclusion strategy.
“We are thrilled with this investment, it has come at the right time in the interesting financial climate many businesses are experiencing as a result of the Covid-19 pandemic,” says CEO and co-founder Evelyn Kaingu.