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LipaSafe

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Escrow payment platform ensuring secure transactions for online buyers.

Overview

LipaSafe operates as an online platform that specializes in escrow payment solutions, aimed at facilitating secure transactions between buyers and sellers across various sectors, including electronics, jewelry, watches, and fashion items. The platform addresses issues related to trust and security in online transactions, particularly in scenarios involving untrusted parties. It employs technology such as blockchain for secure record-keeping and smart contracts for automated verification, which contributes to transaction integrity and transparency. LipaSafe supports transactions up to a specified limit and provides additional services, including shipping and documentation assistance. The platform's objective is to create a safer online marketplace by ensuring that all parties meet their obligations before the release of funds.

Key facts

Founded
2018
Headquarters
Nairobi, Kenya
Sector
Payments

Business model

Contact

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About LipaSafe

What does LipaSafe do?

LipaSafe operates as an online platform that specializes in escrow payment solutions, aimed at facilitating secure transactions between buyers and sellers across various sectors, including electronics, jewelry, watches, and fashion items.

Where is LipaSafe headquartered?

LipaSafe is headquartered in Nairobi, Kenya.

When was LipaSafe founded?

LipaSafe was founded in 2018.

Which sector is LipaSafe in?

LipaSafe operates in Payments, part of Financial Technology.

Who are LipaSafe's competitors?

Companies similar to LipaSafe include QitKif, foongit, and Ndovupay.