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

Lipa Later has appointed Tom Gong, Co-Founder AliExpress and previous Technical Method Manager for Google Wallet as its new Main Technology Officer.

Prior to signing up for the Acquire-now-fork out-later (BNPL) organization, Gong worked as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese on-line large and led the team to improve it to come to be the most significant cross border eCommerce transaction system.

In 2012, Tom started Wanda eCommerce (Feifan) in 2012 in Wanda Team to optimise browsing mall operations via the use of internet technologies. Wanda is the biggest commercial authentic estate enterprise in the globe. Earlier Tom worked as a specialized software supervisor for Google Wallet, from 2007 to 2009.

Most not long ago, Tom Gong has been operating at AllDragon that gives SaaS management software for more than 500 shopping centres to improved connect merchants and buyers.

Tom has a Master’s of Pc Science and MBA, equally from Columbia College and a Bachelor of Engineering degree in Electrical Engineering from the Huazhong College of Science and Technological innovation.

“Lipa Later is a quickly rising, Invest in Now Pay out Later organization primarily based in East Africa and swiftly expanding throughout the African industry. As the amount of affluence grows across Sub Saharan Africa, buyers Lipa Afterwards is positioned to be able to support consumers entry distinctive products and solutions currently and fork out in staggered payments across a quantity of months. With a populace of much more than 1 billion folks, and above 50% of that selection remaining beneath the age of 18, the industry for Lipa Later is huge and I am quite psyched at getting able to assistance Lipa Later increase and develop strong know-how that can assist us access all of these quantities ” said Tom Gong.

In January, Lipa Afterwards elevated US$12 million from a consortium of traders to aid it maximize coverage in present marketplaces and increase into new ones.

Formed in 2018, Lipa Later leverages info analytics to offer consumers with obtain to effortless and inexpensive credit history. Its proprietary credit history-scoring and device discovering method allows a consumer to signal up and get a credit score restrict in seconds, with no the have to have for cumbersome documentation and a prolonged acceptance method.

Eric Muli, the Co-Founder and CEO of Lipa Afterwards reported, “We are extremely excited to have Tom Gong join Lipa Later on as our Main Technological innovation Officer.

As a world-renowned Tech heavyweight, we are extremely psyched to have him as part of our crew and have him lead us into making sturdy techniques that will help us to mature Lipa Later on across diverse African Markets. With Tom on board we have additional yet yet another robust member to our team, with Africa as our focus”

Lipa Later boasts a extensive array of distinctive retailers and globe-renowned brand names these types of as Carrefour, Apple, Tecno, Samsung, Hotpoint Appliances just to mention a few.