The Nigerian insurtech startup Haba has successfully secured $75,000 in pre-seed funding as part of its strategic efforts to expand its operational capacities and revolutionize the insurance landscape within West Africa. Established in 2022 by a team of visionary entrepreneurs, including Constance Oshafi, Stephen Onwe, and Paul Showemimo, Haba has devised an extensive array of services tailored to meet the diverse requirements of both individuals and businesses.
This pre-seed funding infusion of $75,000 will serve as a vital resource for Haba, enabling the company to bolster its service capabilities, reinforce its technical workforce, and intensify its marketing initiatives to connect with a broader spectrum of individual customers. The startup expressed its commitment to prioritizing customer satisfaction, introducing innovative solutions for claims and repairs, and benefiting from forward-thinking investors.
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Haba InsurTech is strategically positioned to redefine the accessibility of insurance, empower policyholders, and influence the future of the insurance sector in Nigeria. As the insurance industry undergoes transformation, Haba InsurTech emerges as a beacon of innovation, poised to simplify insurance processes, enhance reliability, and ultimately center its operations on customer needs.
Haba insurance
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the con