Nigerian Fintech Startup Kwaba Secures Pre-Seed Funding Round

Nigerian fintech startup Kwaba, which helps low and middle-income earners to split their annual rent into convenient monthly installments, has secured a pre-seed round of funding from Co-Creation Hub (CcHub) and other investors to help it expand across Nigeria and Africa.

Kwaba is a digital platform that helps facilitate home payments for Africans and is aimed at Nigerians looking to pay rent in a modern way that reflects their financial reality. The startup also offers services such as apartment search, quick funds at affordable rates, and further credit facilities for the purchase of properties.