• Country Gibraltar
  • CategoryFinance/ Microfinance

L-Pesa Microfinance is a fintech startup poised to take advantage of the fast- growing need for financial services in the developing world.

Project stage


Detailed description

L-Pesa Microfinance is the fintech startup on the front line of the financial services movement in the developing world. A pioneer poised to take advantage of a mushrooming need for microfinance, the company has validated its operating model over the past 18 months and built sophisticated technology, automating most operation. 

It’s only barrier to growth at this point is its lack of resources to meet the need for funding more user acquisition and loans. The loss ratio on loans runs below 10% while return on loans is approximately 25%.


Microfinance boasts a history—centuries-long and worldwide—of answering a fundamental demand. The concept of microfinance isn’t new. However, L-Pesa microfinance most certainly is. Traditional microfinance has limited reach, and solutions have been targeted towards poor farmers and small business owners— completely overlooking others in need that represents 42% of the world’s population.


L-Pesa has harnessed these market forces and built technology and a proprietary credit scoring model that allows it to quickly scale microlending in developing countries while keeping loss ratios below 10%. The solution is highly automated, allowing a small back office team to support high volume loan origination. All loans are serviced by L-Pesa.


L-Pesa Token

A Token to Revolutionize Microfinance
L-Pesa is powered by the L-Pesa token. By utilizing the token, users will:
   -> have access to credit
   -> build their credit score
   -> be able to pay fees
The more people utilize the L-Pesa token and network, the greater the benefit they receive - a truly virtuous cycle.

L-Pesa is a financial technology platform providing new financial tools to consumers and small businesses in Africa and Asia.

Microloans, the first tool on the L-Pesa platform, allow users to start or grow a business, pay for education, or otherwise support their ambitions in life.

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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : LPK
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 52,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :2,600,000,000 LPK
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Without whitelist
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, New Zealand, North Korea,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
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  • Token and Funds Distribution

    Token distribution date


    Unsold tokens

      • Token Distribution

          Vesting notes

          • Management & Team: 51
        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      18 Apr 15:00 UTC
      10 May 15:00 UTC
      0.04 USD No - Uncapped 52,000,000 USD
      Pre-sale — Ended
      18 Mar 15:00 UTC
      09 Apr 15:00 UTC
      0.04 USD 50% - Uncapped Uncapped
      • Team

        • Ron Ezra Tuval photo
          Ron Ezra Tuval
          Founder, CEO
        • Jordan Balindo photo
          Jordan Balindo
          Country Manager, Tanzania
        • Andrew Langat photo
          Andrew Langat
          Country Manager, Kenya
        • Dominic Gichomo photo
          Dominic Gichomo
          Country Manager, Uganda
        • Amitabh Roy photo
          Amitabh Roy
          Project Manager
        • Angualia Daniel photo
          Angualia Daniel
          Legal Counsel, Uganda
        • Khaya Maloney photo
          Khaya Maloney
          Operations Manager, South Africa
        • Desiree Domo photo
          Desiree Domo
          Copywriter & PR
        • Uttam Kumar Karmakar photo
          Uttam Kumar Karmakar
        • Malcolm Ngugi photo
          Malcolm Ngugi
          Legal Counsel, Kenya
        • Bernard Kipkurui photo
          Bernard Kipkurui
        • Mselem Said photo
          Mselem Said
          Director, Tanzania
        • Leonard Jackson photo
          Leonard Jackson
          Marketing support
        • Yunia Warioba photo
          Yunia Warioba
          Support, Tanzania
        • Analisa Mtetemela photo
          Analisa Mtetemela
          Support, Tanzania
        • Sandipan Paul photo
          Sandipan Paul
        • Riaz Laskar photo
          Riaz Laskar
        • Somsubhra Saha photo
          Somsubhra Saha
        • Athumani Athumani photo
          Athumani Athumani
      • Advisors

        • Tamir Hodorov
          Hodorov Law Firm
        • John Petersen
          Business Development
        • Bogdan Fiedur
          ICO Advisor and Blockchain Tech.
        • Kevin Donovan
          ICO Advisor
        • Shaun Saunders
          PR ICO Advisor


      • Jan 2014

        L-pesa Microfinance was launched in January 2014. The idea was finally was finally put into practice.

      • 2016
        Tanzania Operation Launch

        Tanzania operation launched, registered as L-pesa Microfinance.

      • 2017
        Launch of Kenya Operation

        Kenya operation launched in August 2017. The company operates as "L-pesa Loans and credit limited.