Search
Coins: 3776
Exchanges: 270
Dominance:
BTC 52.0%
XRP 11.0%
ETH 10.4%
kripton logo (small)

Kripton

Ended

L-Pesa is a financial technology platform providing new financial tools to consumers and small business in Africa and Asia. We allow people to create opportunities for themselves and their families. Borrowers on the L-Pesa platform use funds to start or grow a business, pay for education or otherwise support their ambition in life. Using a dedicated token on the blockchain means that all investors can benefit from the capital gain caused by the network effect. The coins are finite in supply, and as L-Pesa expands people can pay back their loans with the coins. People will also be able to use to LPK buy goods and services.

L-Pesa Microfinance is a fintech startup poised to take advantage of the fast-growing need for financial services in the developing world. The company has validated its operating model over the past 24 months and has built sophisticated technology, automating most of the operation. Its primary barrier to growth at this point is its ability to fund user acquisition and loans. The loss ratio on loans runs below 10% while return on loans is approximately 25%.

The idea for L-Pesa was incubated for a decade, and the business was launched at the time four important market forces converged to allow scaling:

Big Data, Artificial Intelligence & Blockchain
Alternative Credit Data
Mobile Technology
Biometric Identity
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.

Social Stats
Twitter Followers
3,270
Ico Ended
Website
Token Details
  • Whitelist
    -
  • Pre Sale
    -
  • Public Sale
    10 Apr 2017 - 10 May 2018 (0.04 USD = 1.0 lpk)
  • Ticker
    lpk
  • Platform
    Ethereum
  • Country
    Gibraltar
  • Accepting
    ETH
  • Restrictions
    -
  • Total Raised
    7,961,200.00 USD
  • Soft Cap
    50,000 USD
  • Hard Cap
    52,000,000 USD
  • Total Tokens
    2,600,000,000
  • Available For Sale
    58%
  • Bounty
    -
  • KYC Required
    true
ICOs You May Also Like
Monarch Token
The Ultimate Payment Solution for both Businesses and Consumers, pairing a CMS Plugin for blockchain-payments with a mobile and desktop wallet for consumers
Ebosia
Smart Solutions for electrical vehicles based in blockchain technology
HUMENA
Blockchain-based system for synchronous meditation, prayer, and entertainment to amplify human performance and promote mental & physical wellness.
The FARM Token
Bridging the gap between online and offline one company at a time
TipSmart
Our goal is to convert pocket change into crypto currency.
Manufactory
Building the manufacturing Blockchain
Alpha-X
"ALPHA-X ECOSYSTEM MARKETPLACE BASED ON ALPHA-X BLOCKCHAIN WITH REAL USAGE OF AX COIN"
Utile Network
Bringing it all together for cryptocurrency asset investment management