Funded Startups in NA - Zambia
Across the five most recent rounds in NA - Zambia (Zambia), the disclosed amounts cluster heavily at the low-to-mid single digits to tens of millions, with…
Across the five most recent rounds in NA - Zambia (Zambia), the disclosed amounts cluster heavily at the low-to-mid single digits to tens of millions, with one major outlier: Mangwee’s $100K (2021-06-08) is far below the next-smallest disclosed figure, while Union54’s $12M (2022-04-18) and Lupiya’s $11M (2026-02-20) sit close together at the high end of the group. Sector-wise, every listed company operates in Financial Services, and stage information is sparse: three of five rows are “Series Unknown” or blank, with only Union54 (Seed, 2022-04-18) and Lupiya (Series A, 2026-02-20) explicitly labeled.
Temporally, the dates span 2021-06-08 to 2026-06-17, and most activity is concentrated between 2022-04-18 and 2026-02-20: Union54 ($12M, 2022-04-18), PremierCredit Zambia (undisclosed, 2024-02-14), Lupiya ($11M, 2026-02-20), and Altus Financial Services ($3M, 2026-06-17). All companies list Lusaka, reinforcing a city concentration rather than a broader geographic spread within the region.
Most recent rounds
5 shownRelated listings
Frequently asked
What’s the largest disclosed round in this NA - Zambia list, and how does it compare to the rest of the disclosed amounts?
Mangwee’s $100K (2021-06-08) is the smallest disclosed amount, while the largest disclosed amount is $12M for Union54 (2022-04-18). The disclosed amounts for Altus Financial Services ($3M on 2026-06-17) and Lupiya ($11M on 2026-02-20) sit much closer to each other than to Union54’s top figure.
How concentrated is the list by sector and stage labeling?
All five entries are in Financial Services. Only two rounds have explicit stage labels (Union54 as Seed on 2022-04-18 and Lupiya as Series A on 2026-02-20), while three rows are “Series Unknown” or blank (Altus Financial Services, PremierCredit Zambia, and Mangwee).
Which entries fall in the most recent 90 days shown on the page?
Within the latest 90-day window from 2026-06-17, only Altus Financial Services (2026-06-17, $3M) is clearly inside that range in the five-row snapshot. Lupiya’s 2026-02-20 ($11M) is outside 90 days of 2026-06-17.
Are there date-window clusters rather than evenly spaced funding events?
Yes: four of the five rows fall between 2022-04-18 (Union54) and 2026-06-17 (Altus Financial Services), with PremierCredit Zambia (undisclosed, 2024-02-14) acting as the midpoint. The remaining row, Mangwee ($100K, 2021-06-08), is the temporal edge outside that cluster.
Is there an outlier worth attention on the disclosed amounts?
Mangwee’s $100K (2021-06-08) is an outlier on the low end versus the other disclosed figures ($3M for Altus on 2026-06-17 and $11M/$12M for Lupiya/Union54 in 2026 and 2022). PremierCredit Zambia is another outlier in the dataset because the amount is undisclosed (2024-02-14), so it can’t be compared on size.
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