In this episode, I speak to Eric Muli, Co Founder and CEO at Odyssey Capital, also known as Lipa Later.
Lipa Later is a risk-free, point-of-sale credit option that allows retailers to sell goods and services to consumers with repayments made in affordable monthly instalments. It is the leading third-party instalment plan for retailers in East Africa currently operating in Kenya and Rwanda.
Eric and I talk about:
His background and journey to founding Lipa Later
What problems he is solving now and How his business model works
How he found co-founders or employees in the beginning
How he will evolve the business model into diverse directions focused on convenience and solutions rather than financing.
What are the biggest challenges in scaling your business and taking it to the next level?
His long term vision for Lipa Later