May 30, 2023

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Lipa Later Appoints AliExpress Co- Founder Tom Gong As New CTO

Lipa Later on has appointed Tom Gong, Co-Founder AliExpress and former Complex Program Supervisor for Google Wallet as its new Chief Technological know-how Officer.

Prior to signing up for the Acquire-now-fork out-later on (BNPL) business, Gong labored as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese on the web large and led the crew to grow it to come to be the major cross border eCommerce transaction platform.

In 2012, Tom started Wanda eCommerce (Feifan) in 2012 within Wanda Team to optimise browsing mall operations by means of the use of online technologies. Wanda is the most significant professional serious estate firm in the world. Earlier Tom worked as a technological method manager for Google Wallet, from 2007 to 2009.

Most just lately, Tom Gong has been working at AllDragon that delivers SaaS management software program for in excess of 500 browsing centres to improved join shops and individuals.

Tom has a Master’s of Laptop or computer Science and MBA, both of those from Columbia College and a Bachelor of Engineering diploma in Electrical Engineering from the Huazhong College of Science and Technology.

“Lipa Later on is a speedy rising, Invest in Now Fork out Afterwards business enterprise based in East Africa and swiftly growing across the African market place. As the level of affluence grows across Sub Saharan Africa, people Lipa Afterwards is positioned to be equipped to assist shoppers obtain diverse merchandise nowadays and spend in staggered payments across a number of months. With a population of much more than 1 billion persons, and more than 50% of that number staying underneath the age of 18, the industry for Lipa Afterwards is monumental and I am fairly energized at remaining equipped to help Lipa Later grow and create strong know-how that can support us accessibility all of these numbers ” mentioned Tom Gong.

In January, Lipa Later on raised US$12 million from a consortium of investors to support it maximize protection in existing marketplaces and increase into new types.

Formed in 2018, Lipa Later leverages data analytics to offer individuals with accessibility to practical and economical credit score. Its proprietary credit-scoring and equipment studying method enables a client to sign up and get a credit limit in seconds, without the need of the want for cumbersome documentation and a lengthy approval method.

Eric Muli, the Co-Founder and CEO of Lipa Later on claimed, “We are extremely fired up to have Tom Gong sign up for Lipa Later on as our Main Technologies Officer.

As a environment-renowned Tech heavyweight, we are extremely thrilled to have him as component of our workforce and have him guide us into building sturdy systems that will enable us to expand Lipa Later on across unique African Markets. With Tom on board we have additional yet a different potent member to our group, with Africa as our focus”

Lipa Later on offers a large array of special retailers and earth-renowned makes these as Carrefour, Apple, Tecno, Samsung, Hotpoint Appliances just to point out a handful of.

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