Ethiopia launches AI-powered Lakipay Super App to expand digital financial services

By:  Nana Appiah Acquaye

Lakipay has launched a new artificial intelligence-powered super app designed to integrate financial technology and digital services into a single platform for users in Ethiopia.

The platform was introduced by fintech entrepreneur Habtamu Tadesse and developed in partnership with Oromia International Bank. The application is powered by Ras-AI, an intelligence-driven system designed to support prompt-based interactions for digital payments, account management, and other financial services.

According to the developers, the Lakipay Super App brings together a range of digital services including payments, commerce, property management, school management, job services, and online events within a unified digital ecosystem.

The platform also incorporates features such as digital billing, crowdfunding services, e-commerce functions, and gaming, enabling users to manage multiple personal and business activities through a single mobile interface.

A key feature of the application is the integration of artificial intelligence through Ras-AI, which allows users to interact with the system through intuitive prompts to manage transactions and services securely.

The platform also introduces video commerce supported by augmented reality technology, enabling consumers to visualize products before making purchases.

To support the integration of digital and physical retail systems, Lakipay has also signed a memorandum of understanding with Lani Global, a provider of point-of-sale and cash register technology. The partnership aims to link the digital platform with retail infrastructure to support businesses and merchants.

Developers say the super app is intended to expand access to digital financial services and support Ethiopia’s growing fintech ecosystem by creating an integrated platform for payments, commerce, and digital engagement.