Bongalow (Techstars ‘22)

Mortgage infrastructure for African banks

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General Information
Company Name
Bongalow (Techstars ‘22)
Founded Year
2019
Location (Offices)
Lagos, Nigeria +4
Founders / Decision Makers
Kelechi Nwokocha - CEO Samuel Haruna - Co-Founder Abdulrahman Atta - Co-Founder
Number of Employees
2
Industries
Finance, Financial Services, Fintech +1
Funding Stage
Pre Seed
Social Media

Bongalow (Techstars ‘22) - Company Profile

Bongalow (Techstars ‘22) is a Nigerian startup focusing on revolutionizing the mortgage infrastructure for African banks. The company, founded in 2019, offers a comprehensive loan and mortgage origination platform. Notably, it aims to empower lenders and brokers in Africa to efficiently manage loans and mortgages. Bongalow's commitment to enhancing user experience is evident in its provision of a simple and enjoyable borrowing process at the point-of-sale. In addition to its mortgage services, the company also operates a real estate marketplace, connecting individuals across Africa to mortgage lenders, developers, and real estate agents. The latest milestone in Bongalow's journey is its $120.00K Pre Seed Round investment, which took place on 13 June 2022. This investment was led by Techstars and Techstars Toronto Accelerator, further solidifying the company's position in the market and its potential for growth within the finance, financial services, and fintech sectors.

Taxonomy: mortgage infrastructure, loan origination, mortgage origination, real estate marketplace, home financing, mobile-powered platform, lender empowerment, broker empowerment, African banks, property purchase, real estate connection, global marketplace, financial empowerment

Funding Rounds & Investors of Bongalow (Techstars ‘22) (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $120.00K 2
Techstars, investor in Bongalow (Techstars ‘22)'s Pre Seed Round round
Techstars Toronto Accelerator 		13 Jun 2022
Seed Round Unknown 5
Uncovered Fund, investor in Bongalow (Techstars ‘22)'s Seed Round round Future Africa, investor in Bongalow (Techstars ‘22)'s Seed Round round Magic Fund, investor in Bongalow (Techstars ‘22)'s Seed Round round Labs by ARM, investor in Bongalow (Techstars ‘22)'s Seed Round round
Kepple Africa Ventures 		24 May 2021

Latest News of Bongalow (Techstars ‘22)

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No recent news or press coverage available for Bongalow (Techstars ‘22).

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