Côte d’Ivoire’s Onloutou makes unsecure property leasing easy

By : Adoni Conrad Quenum

Date : mercredi, 27 juillet 2022 13:16

The Tech revolution is heating up worldwide with tech entrepreneurs developing solutions to make life easier for the population. In Africa particularly, startups are introducing new concepts.

Onloutou is a digital platform developed by an eponymous Ivorian startup specializing in property (electrical appliances notably) leasing. It allows users to rent various properties with no security deposits. The startup founded in 2019 operates in Côte d’Ivoire, Guinea, Burkina Faso, and Gabon. 

Its digital platform has a mobile app, available for Android devices. Using the mobile app, users can register to rent the various properties available for lease on the platform. Those properties notably include graders, loaders, real estate properties, do-it-yourself items, household appliances, etc. It also gives the possibility to hire tilers, seamstresses, or interior designers.

To protect itself against lessees who can flee with its properties, Onloutou places geolocation devices on most of its leased properties. Thanks to those devices, it can remotely deactivate the equipment, rendering them useless for the lessees. 

With Onloutou, property leasing is simple. It only requires an ID card from its clients to process leasing transactions. Currently, it claims over a thousand happy clients and some fifteen awards. In 2019, the startup took part in banking group BCP’s Open Innovation program, which is better known as Fintech Challenge. It emerged among the top six winners among 1200 applicants from several countries. 

Adoni Conrad Quenum

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