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The big problems with Nigeria s small property tech market

Olumuyiwa Olowogboyega Share this article 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 parents’ house, he faced an interesting and expensive problem. Renting a house in many states in Nigeria, requires tenants to pay a year or two years’ 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.

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