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

Lipa Afterwards has appointed Tom Gong, Co-Founder AliExpress and previous Specialized Plan Manager for Google Wallet as its new Chief Technology Officer.

Prior to becoming a member of the Buy-now-shell out-later (BNPL) firm, Gong worked as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese on the internet huge and led the group to increase it to turn into the major cross border eCommerce transaction system.

In 2012, Tom started Wanda eCommerce (Feifan) in 2012 within Wanda Group to optimise browsing shopping mall operations by means of the use of internet systems. Wanda is the most significant commercial genuine estate business in the world. Previously Tom worked as a specialized plan supervisor for Google Wallet, from 2007 to 2009.

Most not long ago, Tom Gong has been functioning at AllDragon that supplies SaaS administration software for in excess of 500 searching centres to much better connect shops and customers.

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

“Lipa Later on is a quickly increasing, Obtain Now Pay out Later on small business based in East Africa and swiftly expanding throughout the African marketplace. As the level of affluence grows across Sub Saharan Africa, customers Lipa Later on is positioned to be capable to enable buyers access distinct merchandise these days and pay in staggered payments throughout a selection of months. With a inhabitants of extra than 1 billion people, and over 50% of that selection being under the age of 18, the industry for Lipa Afterwards is enormous and I am rather fired up at getting equipped to aid Lipa Later improve and establish robust technology that can assistance us entry all of these quantities ” reported Tom Gong.

In January, Lipa Later elevated US$12 million from a consortium of investors to assistance it enhance coverage in current markets and increase into new ones.

Shaped in 2018, Lipa Later leverages data analytics to offer consumers with obtain to convenient and economical credit score. Its proprietary credit score-scoring and device studying technique allows a shopper to indication up and get a credit rating restrict in seconds, devoid of the want for cumbersome documentation and a lengthy acceptance procedure.

Eric Muli, the Co-Founder and CEO of Lipa Later on mentioned, “We are quite thrilled to have Tom Gong be part of Lipa Later as our Chief Engineering Officer.

As a environment-renowned Tech heavyweight, we are extremely psyched to have him as part of our team and have him direct us into creating robust units that will help us to mature Lipa Afterwards across different African Markets. With Tom on board we have additional but another powerful member to our staff, with Africa as our focus”

Lipa Later boasts a extensive array of distinctive retailers and globe-renowned brands such as Carrefour, Apple, Tecno, Samsung, Hotpoint Appliances just to mention a couple.