African fintech Lipaworld eyes $100M transaction milestone ahead of seed round

African cross-border payments startup Lipaworld is preparing to launch its seed funding round on the back of rapid transaction growth, aiming to surpass $100 million in cumulative transaction volume by the end of 2027. Having processed over $6 million since March, the fintech company expects to clear the $10 million threshold before the end of this year. Co-founder and CEO Jonathan Katende emphasized that the upcoming capital raise will prioritize sustainable growth, noting that the startup is c