Kwaba Secures Pre-Seed Funding To Facilitate Rent Payment Across Africa
We are delighted to announce our recent partnership with Ingressive capital to continue building out the future of rent payment.
About Kwaba
Kwaba is a financial technology company created to help renters pay and split their annual rent into convenient monthly installments. Kwaba makes rent payment as seamless and stress-free as possible. On Kwaba, we also encourage future saving plans by helping users save up for their upcoming rent.
We are super pumped to be championing this cause with the renowned Ingressive Capital.
We Are Moving Forward
Kwaba will continue to build a bridge between renters and the financial security they need to pay their bulk rent. Recent happenings worldwide and in Nigeria have left many stranded and in dire need of financial assistance post-Covid. Kwaba is bent on helping as many people attain their rental freedom. With our newfound partnership with Ingressive Capital, we would keep meeting each renter’s need one step at a time.
About Ingressive Capital
Ingressive Capital is a US$10 million VC fund that provides tech-enabled companies funds to expand and expound their reach. Companies like Paystack, Bamboo, Tizeti, Fuelmetrics, and many more have been beneficiaries of Ingressive Capital.
Ingressive Capital’s core mission is to support the next generation of African innovators. The common ground between Kwaba and Ingressive capital is our willingness to make Africa a better place. We are both willing to pour into the richness that is Africa. We are optimistic and hopeful about the future of Africa. We’ll continue to grow and learn from each other while Kwaba forges on its mission.
What to Expect from Kwaba
With the user-friendly and intuitive features (like the Save for Rent and Invest In Rental Finance ) coming with the new Kwaba upgrade, Kwaba sets to keep breaking boundaries and the status quo. We intend to aid as many renters as possible, build a long-lasting friendly and homely community and, above all, alienate lousy spending habits by encouraging saving on our platform.
Soon, we hope to spread across Nigeria’s shores and into Africa’s borders as a whole. With our backing from Ingressive Capital, we are just starting to scratch the surface.
We keep moving forward. We always move.
Cheers.
