Nigerian prop-tech startup Seso Global has opened regional offices in the United States (US) and the United Kingdom (UK) to better engage with diaspora communities and form partnerships that make investing in African real estate safe and simple.
Launched in Nigeria in June 2019, Seso is a customer relationship management (CRM) system that allows property developers, agents, and governments to manage their properties, documentation, and transactions on a secure blockchain database.
Properties are listed on the Seso marketplace after they have been validated, where clients can browse properties and interact with additional service providers such as banks for mortgages and law firms for title registrations.
The startup has quickly moved outside of Nigeria, launching its first pilot in South Africa in November 2019 and entering Ghana in May 2020, after raising $600,000 in pre-seed funding in June of last year.
The company’s new US offices in Los Angeles and Columbus, as well as its new UK office in London, are all focused at attracting further investment into African real estate through the Seso platform.
“The rapid development of real estate industries in major African countries has seen a concurrent rise in demand for property across the continent. In particular, African real estate has become an attractive investment option for forward thinking investors and diasporans seeking to establish themselves in their homelands. However, investors still need strategic support from verified and experienced real estate players in order to ensure successful outcomes,” the startup said.
