Startups
Lula is an innovative, and human-focused FinTech company on a mission to help small businesses make cash flow. We want to make it fast, simple, Lula for people to run their business through a digital business bank account. We’re making business banking fast, easy & human.
Overview
Location
South Africa
Employees
51-200
Total raised
$21M
Founded date
2014
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 7
| Date | Title | Description |
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| May 18, 2026 | Africa Finance Corporation: US$100 Million Commitment Approved For Africa-Focused Technology Fund Managers | Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers as part of a broade... |
| May 18, 2026 | Africa: AFC Commits $100m to African Tech Venture Funds | Africa Finance Corporation (AFC), the pan-African development finance institution with over $19 billion in total assets, has committed $100 million to invest in Africa-focused technology fund managers, the Lagos-based institution announced ... |
| Feb 16, 2026 | SA fintech startup Lula raises $21 M funding from FMO to support more MSMEs | The Dutch entrepreneurial development bank FMO has announced a ZAR340 million (US$21 million) investment in Lula, a fintech startup based in South Africa, to expand its lending-as-a-service platform and reach more MSMEs. Lula, an online aut... |
| Feb 4, 2026 | South African fintech Lula lands R340m to scale SME working capital | Trevor Gosling, co-founder and CEO of Lula Lula has secured R340-million in local currency funding from Dutch entrepreneurial development bank, FMO. This investment will help expand access to finance for micro, small and medium enterprises ... |
| Jul 27, 2024 | UK-based Zeelo’s South African business acquired by SA mobility startup LULA | The UK-based Zeelo’s operations in South Africa will be acquired by LULA, an enterprise ride-sharing platform based in South Africa. This acquisition will allow LULA to grow considerably. LULA is a ride-sharing service that was founded eigh... |
| Jun 1, 2023 | Quona Capital’s 2022 Impact Report reveals portfolio companies’ progress; firm provides deeper insights into Africa portfolio companies | Quona’s Africa portfolio companies recorded $4.5 billion in payment transactions processed / transaction volume in 2022 $278 million in loans financed across 1.1 million loans across Africa Portfolio has served 408K retail customers and 353... |
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FAQ about Lula
When was Lula founded?
Lula was founded in 2014.
How much funding has Lula raised?
Lula has raised $21M in total across 1 funding round.
What has the press written about Lula?
Parsers VC has collected 7 articles mentioning Lula, among them “Africa Finance Corporation: US$100 Million Commitment Approved For Africa-Focused Technology Fund Managers” (May 18, 2026) and “Africa: AFC Commits $100m to African Tech Venture Funds” (May 18, 2026).
Is Lula still active?
Yes, Lula is active; its latest activity on Parsers VC dates from May 26, 2026.