HousevAfrica, a Nigerian proptech startup, got $400,000 in funding to back its digitalization and transparency tools for real estate and also to increase its staff.

Sytemap.com, its flagship product, combines blockchain technology and maps to create a private land registry by buying and selling properties, allowing immediate land transaction authentication.

Over a hundred real estates companies, such as AlphaMead and Lead way Property

More than 100 real estate companies use the system, including AlphaMead and Leadway Properties.

The startup is backed by investors like ARM Labs, Future Africa, SSE Angel Network (SSEAN), CV VC, Rebel Seed CapitalNiche Capital, CapitalStartupbootcamp Afritech, Rebel Seed Capital, and others.

Source : Techin Africa

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