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Nigeria’s HouseAfrica, a prop-tech startup providing real estate digitalization and transparency tools to property developers and their customers, has raised USD 400 K in funding. The round included investors such as Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC, Startupbootcamp AfriTech, Niche Capital, and Rebel Seed Capital.
HouseAfrica aims to enhance the real estate industry’s efficiency and trust by leveraging innovative technologies. Its flagship product Sytemap.com leverages proprietary blockchain and map technology to create a private land registry, digitising real estate project sitemaps and enabling instant land transaction authentication while growing sales for real estate companies. Sytemap simplifies buying and paying for properties, enabling more people to become digital realtors effortlessly, and is already used by more than 100 real estate companies.