Nigerian insurtech startup Haba has secured $75,000 in a pre-seed funding round to support its expansion and transformation of the insurance industry in West Africa.
Founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, Haba has developed a comprehensive range of services tailored to meet the diverse requirements of both individuals and businesses.
The $75,000 pre-seed funding will be allocated by Haba to improve its service offerings, bolster its technical team, and boost its marketing efforts to reach a wider audience of individual customers.
“With a strong commitment to customer satisfaction, innovative solutions for claims and repairs, and forward-thinking investors, Haba InsurTech is well-positioned to reshape the accessibility of insurance, empower policyholders, and influence the future of the insurance sector in Nigeria. As the insurance landscape undergoes changes, Haba InsurTech represents a symbol of innovation, poised to simplify insurance, enhance reliability, and ultimately prioritize customer needs,” the startup stated.