In Africa, proptech startups are not really popular as their peers in the health, finance, and agriculture industries. Nonetheless, entrepreneurs in that industry are developing innovative solutions to facilitate procedures.
Spleet is a proptech solution developed by a Nigerian startup. It helps users find the real estate properties (either for rental or acquisition) that suit them. Since its launch, in 2018, the startup behind the solution has raised over US$3.5 million to accelerate growth and enter the Ghanaian and Kenyan markets.
The solution is currently accessible only via its web platform. On the website, users can browse available properties, and create an account.
To rent a property they like, they need to register their interest, submit some personal information, and let the request be processed before payment is collected. Users can rent entire places for themselves or choose to share the spaces with other users.
The startup offers additional solutions, including low-interest and no-collateral loans to finance rent. With its service "verify", it also helps landlords and real estate agents perform proper tenant background checks before signing lease agreements. It also offers a service, "Collect," that automatically collects rent on landlords' behalf.
Adoni Conrad Quenum