Photo - HouseAfrica
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HouseAfrica

Store, Manage, Verify Properties with Ease

Nigeria
Market: Real estate, Financial services, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 05.09.2020
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Idea

Our digital platform helps financial institutions and individuals validate properties before credit or purchase.

The mortgage module connects home buyers to our partner mortgage lenders for access to credit.

Current Status

Processed over 500 valuations
Revenue $24,000+
Signed exclusive partnership Nigeria Mortgage Refinance Company (NMRC).
Secured access to 27 Banks with 33,000,000 customers.
Secured partnership with Nigeria Estate Valuers and Surveyor (NIESV) with 16,000 members.
Signed up over 20 Law firms in Nigeria
Onboarding Home Family Funds with 7000+ properties on the platform

Problem or Opportunity

Sub-Saharan Africans and Nigerians are unable to utilize land assets because of poor titling systems

Financial Institutions incur significant costs and risks to provide financing because of poor property validation system.

Solution (product or service)

Our digital platform helps lenders and individuals validate properties before investment or purchase.

The mortgage module connects home buyers to our partner mortgage lenders for access to credit.

Competitors

Seso global,

Advantages or differentiators

We are more advanced, Have secured key partnership with market leaders
Advance technology

Money will be spent on

Funds will primarily be used to strengthen our team and build additional functionalities for value-added services, explore other customer segments.

Offer for investor

SAFE Convertible note:
Valuation: $4M
Discount: 20%

Team or Management

Incubation/Acceleration programs accomplishment

Startupbootcamp

Won the competition and other awards

Winner Fantom Challenge at AfricArena 2019, Cape Town

Photos

Photo 1 - Store, Manage, Verify Properties with Ease
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video