Kwaba
What it does
Kwaba is a Nigerian proptech startup providing rent financing that helps low- and middle-income earning Nigerians pay their house rents in convenient installments. Founded by Obinna Molokwu, Kwaba participated in the LABS by ARM accelerator and has raised approximately $500K in total funding. The platform also allows users to save for rent and access instant loans of up to 40% of their rent savings.
rent-techlending
Known for
- Rent financing for low-income Nigerians
- LABS by ARM accelerator alum
- Rent savings and loan product
Model & industry
Embedded FinanceReal Estate
Funding history
$0
Total raised
1
Rounds
Pre-seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-05 | Pre-seed | — | Undisclosed |
Source: Condia Funding Tracker
Products & subsidiaries
Kwaba Rent Financing · Platform