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

Lipa Later has appointed Tom Gong, Co-Founder AliExpress and previous Technological Plan Manager for Google Wallet as its new Chief Know-how Officer.

Prior to joining the Obtain-now-pay back-afterwards (BNPL) corporation, Gong labored as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese on the internet giant and led the workforce to increase it to turn out to be the biggest cross border eCommerce transaction platform.

In 2012, Tom started off Wanda eCommerce (Feifan) in 2012 within just Wanda Team to optimise purchasing shopping mall functions through the use of web systems. Wanda is the most significant professional serious estate company in the environment. Previously Tom labored as a technical method manager for Google Wallet, from 2007 to 2009.

Most not long ago, Tom Gong has been functioning at AllDragon that supplies SaaS management program for in excess of 500 procuring centres to far better connect shops and shoppers.

Tom has a Master’s of Laptop Science and MBA, each from Columbia University and a Bachelor of Engineering diploma in Electrical Engineering from the Huazhong University of Science and Technology.

“Lipa Afterwards is a quickly expanding, Buy Now Spend Later organization based mostly in East Africa and swiftly expanding throughout the African market place. As the level of affluence grows throughout Sub Saharan Africa, customers Lipa Later on is positioned to be able to help individuals obtain distinctive solutions these days and fork out in staggered payments across a selection of months. With a populace of a lot more than 1 billion persons, and about 50% of that selection staying below the age of 18, the current market for Lipa Later on is enormous and I am very enthusiastic at getting equipped to assist Lipa Afterwards increase and build strong engineering that can assist us entry all of these figures ” said Tom Gong.

In January, Lipa Afterwards elevated US$12 million from a consortium of traders to enable it enhance coverage in existing marketplaces and develop into new types.

Formed in 2018, Lipa Later leverages information analytics to offer consumers with access to practical and cost-effective credit. Its proprietary credit history-scoring and machine mastering program enables a consumer to signal up and get a credit history limit in seconds, devoid of the need to have for cumbersome documentation and a lengthy approval approach.

Eric Muli, the Co-Founder and CEO of Lipa Later reported, “We are quite thrilled to have Tom Gong join Lipa Later as our Main Engineering Officer.

As a entire world-renowned Tech heavyweight, we are extremely excited to have him as aspect of our crew and have him lead us into making sturdy systems that will help us to improve Lipa Afterwards throughout different African Markets. With Tom on board we have added nonetheless another potent member to our team, with Africa as our focus”

Lipa Afterwards boasts a broad array of distinctive retailers and world-renowned manufacturers these as Carrefour, Apple, Tecno, Samsung, Hotpoint Appliances just to mention a handful of.