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

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

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Lipa Later has appointed Tom Gong, Co-Founder AliExpress and former Technical Program Supervisor for Google Pockets as its new Chief Expertise Officer.

Previous to becoming a member of the Purchase-now-pay-later (BNPL) firm, Gong labored as Co-Founder and CTO of AliExpress a wholly-owned subsidiary of Alibaba the Chinese language on-line big and led the workforce to develop it to turn into the most important cross border eCommerce transaction platform.

In 2012, Tom began Wanda eCommerce (Feifan) in 2012 inside Wanda Group to optimize shopping center operations by means of using web applied sciences. Wanda is the most important business actual property firm on the planet. Beforehand Tom labored as a technical program supervisor for Google Pockets, from 2007 to 2009.

Most lately, Tom Gong has been working at AllDragon that gives SaaS administration software program for over 500 purchasing facilities to raised join retailers and shoppers.

Tom has a Grasp’s of Pc Science and MBA, each from Columbia College and a Bachelor of Engineering diploma in Electrical Engineering from the Huazhong College of Science and Expertise.

“Lipa Later is a quick rising, Purchase Now Pay Later enterprise based mostly in East Africa and quickly increasing throughout the African market. As the extent of affluence grows throughout Sub Saharan Africa, shoppers Lipa Later is positioned to have the ability to assist shoppers entry completely different merchandise right now and pay in staggered funds throughout quite a lot of months. With a inhabitants of greater than 1 billion folks, and over 50% of that quantity being beneath the age of 18, the marketplace for Lipa Later is big and I’m fairly excited at having the ability to assist Lipa Later develop and construct sturdy expertise that may assist us entry all of those numbers ” mentioned Tom Gong.

In January, Lipa Later raised US$12 million from a consortium of traders to assist it enhance protection in present markets and broaden into new ones.

Shaped in 2018, Lipa Later leverages knowledge analytics to supply shoppers with entry to handy and reasonably priced credit score. Its proprietary credit-scoring and machine studying system allows a shopper to enroll and get a credit score restrict in seconds, with out the necessity for cumbersome documentation and a prolonged approval course of.

Eric Muli, the Co-Founder and CEO of Lipa Later mentioned, “We’re very excited to have Tom Gong be a part of Lipa Later as our Chief Expertise Officer.

As a world-renowned Tech heavyweight, we’re very excited to have him as a part of our workforce and have him lead us into creating sturdy programs that may allow us to develop Lipa Later throughout completely different African Markets. With Tom on board we’ve got added yet one more robust member to our workforce, with Africa as our focus”

Lipa Later boasts a wide selection of unique retailers and world-renowned manufacturers corresponding to Carrefour, Apple, Tecno, Samsung, Hotpoint Home equipment simply to say just a few.

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