January 22, 2020 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

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...

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...

10 Fintech Startups You Should Know About in Nigeria

April 19, 2019

April 19, 2019 3

10 Fintech Startups You Should Know About in Nigeria Within the span of the last decade, there has been a...

Airtel Africa Goes into a Partnership with MasterCard

October 28, 2019

October 28, 2019

  A few weeks ago, Airtel announced its partnership with MasterCard. Giving over 100 million Airtel Africa mobile phone users...

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...

UBA’s Leo is now available on Apple Business Chat

October 28, 2019

October 28, 2019

  United Bank Africa (UBA) PlC has launched the service of its Chabot, Leo on Apple Business Chat, where its...

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...

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...

Car45’s Parent Company Raises $400 million from OLX Group

November 28, 2019

November 28, 2019

Frontier Car Group, the parent firm of Car45 has raised $400 million from OLX Group. The company is looking to...

About The Next Titan Nigeria, Nigeria’s Foremost Entrepreneurial Reality TV Show

November 21, 2019

November 21, 2019

About The Next Titan Nigeria, Nigeria’s Foremost Entrepreneurial Reality TV Show   For so many years, the media space 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...

All You Need To Know About Digital Banking in Nigeria

June 26, 2019

June 26, 2019 1

Here’s All You Need To Know About Digital Banking in Nigeria It’s no more novel that the banking industry is...

How The Peer To Peer Economy is Boosting Entrepreneurship in Africa

October 30, 2019

October 30, 2019

 Blockchain technology and the role of entrepreneurship in driving Africa’s prosperity in the Fourth Industrial Revolution (4IR), were some of...

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.