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WHERE IS FIBRE?
Despite being the pioneers in the Nigerian property tech space, Fibre has had a silent couple of weeks. On an office Slack channel last year, Lanre even asked, “what’s happening with Fibre?”
It seemed like a good story angle so I reached out to the company’s Director of Operations, Munachi Ogbonna and we had an interesting conversation. He said Fibre’s silence is intentional because they’re working on some changes to the business.
Some of these changes are from constructive feedback they got from customers. He spoke frankly about some of the challenges involved in running a property tech business. So, I figured, why not turn it into a holistic conversation?
Olumuyiwa Olowogboyega
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In four years, the property tech startup, Spleet has gone from an idea born out of trying to solve a pesky housing problem in Lagos to planning an expansion to Rwanda and Ghana.
When Dolapo Adebayo was ready to move out of his parentsâ house, he faced an interesting and expensive problem. Renting a house in many states in Nigeria, requires tenants to pay a year or two yearsâ rent. This excludes other charges.
Those charges pile up and discourage renters in a city like Lagos where property prices are high. So Dolapo founded Spleet with Akintola Adesanmi. Spleet is a property technology startup helping people in Nigeria rent houses without needing to pay costly upfront fees. The solution uses technology to match people with flexible and affordable rental options.