June 14, 2024

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Latest technological developments

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


Lipa Later on has appointed Tom Gong, Co-Founder AliExpress and previous Complex Program Supervisor for Google Wallet as its new Main Technological innovation Officer.

Prior to joining the Purchase-now-pay-afterwards (BNPL) company, Gong labored as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese on the net giant and led the staff to improve it to turn into the greatest cross border eCommerce transaction platform.

In 2012, Tom began Wanda eCommerce (Feifan) in 2012 in Wanda Group to optimise shopping shopping mall operations by the use of world-wide-web technologies. Wanda is the greatest commercial authentic estate organization in the planet. Beforehand Tom worked as a technological plan manager for Google Wallet, from 2007 to 2009.

Most recently, Tom Gong has been performing at AllDragon that offers SaaS administration software package for in excess of 500 buying centres to far better join shops and people.

Tom has a Master’s of Pc Science and MBA, both of those from Columbia College and a Bachelor of Engineering diploma in Electrical Engineering from the Huazhong University of Science and Technologies.

“Lipa Later is a fast increasing, Get Now Pay Later company based in East Africa and swiftly increasing across the African market. As the amount of affluence grows across Sub Saharan Africa, shoppers Lipa Later on is positioned to be able to help buyers obtain various merchandise now and fork out in staggered payments throughout a range of months. With a inhabitants of much more than 1 billion people, and in excess of 50% of that selection getting less than the age of 18, the sector for Lipa Later is enormous and I am quite fired up at remaining in a position to support Lipa Later grow and establish robust technological know-how that can help us accessibility all of these numbers ” stated Tom Gong.

In January, Lipa Later elevated US$12 million from a consortium of investors to aid it raise coverage in present marketplaces and expand into new ones.

Shaped in 2018, Lipa Later leverages info analytics to present individuals with entry to effortless and affordable credit score. Its proprietary credit score-scoring and equipment finding out program permits a buyer to signal up and get a credit score limit in seconds, without having the have to have for cumbersome documentation and a lengthy acceptance method.

Eric Muli, the Co-Founder and CEO of Lipa Later on explained, “We are incredibly enthusiastic to have Tom Gong sign up for Lipa Later as our Main Engineering Officer.

As a entire world-renowned Tech heavyweight, we are incredibly energized to have him as portion of our crew and have him lead us into producing robust techniques that will enable us to mature Lipa Later on across distinctive African Markets. With Tom on board we have added but an additional solid member to our group, with Africa as our focus”

Lipa Later features a broad array of distinctive merchants and planet-renowned brand names these types of as Carrefour, Apple, Tecno, Samsung, Hotpoint Appliances just to point out a couple.

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