October 23, 2019 All Things Fintech in Africa

Visafront Nigerian Property Investment Platform, Secures Funding Round

 

Introduction:

Recently, there is a funding trend among Fintech startups. From OPay, to GONA, funding is a new rave around securing a formidable capital for expansion.  The funding rounds are prerequisite structures in which at the end affords a startup company the required fund to run the affairs of its company.

Let’s meet VisaFront

VisaFront is a digital platform that lists vetted real estate investment opportunities for its users to fund. The platform allows people to make investments in real estate with the use of their mobile phones. With as little as N25,000 ($70) each, users are able to buy as many properties as they want and make a return  interest of 12 per cent.

Why the Funding

VisaFront has raised funding from Landway, a more traditional real estate investment firm. According to the VisaFront founder, Olawale Ayilara, he says the funding capital would used to foster expansion of the startups and list more projects.  However, Landway will also provide support and expertise to VisaFront, asides funding it. In return for an undisclosed amount of funding, it has taken a 25 per cent share in the business.

 

Banner
Related Posts

Polaris Bank Launches a New Mobile App

October 22, 2019

October 22, 2019

  Polaris Bank, formerly known as Skye bank, has launched a mobile banking app. With the new launch, the mobile...

Is Artificial Intelligence the future of Banking?

April 15, 2019

April 15, 2019

Is Artificial Intelligence the future of Banking? The recent buzz is about Artificial Intelligence creating impact and redefining the way...

Chat bots Driving Financial Inclusion

April 20, 2019

April 20, 2019

  Chat bots are now taking over the banking space. Unlike the  traditional methods used by financial institutions which are...

All You Need To Know About Iroko TV App As a Nigerian

May 1, 2019

May 1, 2019

All You Need To Know About Iroko TV App As a Nigerian and Ghanian Have You Been a Lover of...

Decode Fintech: PayStack Launch a Weekly Newsletter For Leaders in African Fintech

May 9, 2019

May 9, 2019

Decode Fintech is a newletter for leaders in African Fintech launched by Paystack, one of the leading payment platform in...

ORide; Nigeria’s Bike hailing Service launched by OPay

June 6, 2019

June 6, 2019 1

ORide, a bike-hailing app launched under the hub of OPay intends to make going around Lagos easier. On the average...

Top Leadership Skills Every Entrepreneur Need To Posses

May 29, 2019

May 29, 2019 2

Successful Leaders-you might have heard about them, read about them, and undoubtedly want to be like them. So what set...

10 Tech Startups in Nigeria and What they do

April 19, 2019

April 19, 2019

Table Of ContentsHere’s All You Need To Know About Digital Banking in NigeriaBecoming an electronic bank does not just ensure...

5 Facts About Keystone Bank Nigeria You Never Knew Before

May 1, 2019

May 1, 2019 1

5 Facts About Keystone Bank Nigeria You Never Knew Before On Friday 5 August 2011, something interesting happened – the...

Using Blockchain to Enable Faster Cross Border Remittance

May 10, 2019

May 10, 2019

Using Blockchain to Enable Faster Cross Border Remittance Blockchain derived its name from how it works and the way it...

How to start a Startup in Nigeria

April 11, 2019

April 11, 2019 4

How to Start a startup in Nigeria Have you ever thought about building a Startup in Nigeria?  Then you probably...

All You Need To Know About Digital Banking in Nigeria

June 26, 2019

June 26, 2019 1

Table Of ContentsHere’s All You Need To Know About Digital Banking in NigeriaBecoming an electronic bank does not just ensure...

Master Card Extends its Engage Programmme to Target Africa’s FinTech Community

May 2, 2019

May 2, 2019

Master Card has extended its engage programme to Sub-saharan Africa, with events lined up to be held in Nigeria and...

Top 10 Fintech Companies in Nigeria and their CEOs

May 3, 2019

May 3, 2019

Table Of ContentsHere’s All You Need To Know About Digital Banking in NigeriaBecoming an electronic bank does not just ensure...

10 Fintech Startups You Should Know About in Nigeria

April 19, 2019

April 19, 2019 3

Table Of ContentsHere’s All You Need To Know About Digital Banking in NigeriaBecoming an electronic bank does not just ensure...

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.