A South African based price comparison site for mobile, broadband, insurance, banking and travel, is expanding to Nigeria.
The Co-founder/CEO of the firm, Ryan Marx said that “Click n Compare’s unique value proposition is the fact that we have positioned ourselves directly between the consumer and provider in a way that is mutually beneficial to both parties.
“We are well on our way to achieving this aim by building relationships with major key players in the insurance industry,” he added.
Funded by Silvertree Capital, the firm which has seen a strong monthly financial growth of 40%, plans to entirely take over the lead-gen space in Africa.
As a result of this expansion into Nigeria and Kenya which is headed by Tim Burkly, formerly of Rocket Internet, Click and Compare have expanded its Advisory Board by adding Bastian Gotter, co-founder of iROKO, and Leonard Stiegeler, general manager of Ringier.
Now that Click and Compare will be coming into Nigeria there is no doubt it will be facing a stiff competition from PriceCheck which has been the number one and only price and comparison site in the country.
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Nigerian startups raised $17.6m in Q1 2019, 8.5% higher than they did in Q1 2018. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.