TopCheck, a price comparison website based in Nigeria, says it has just closed its first round of financing with a group of European business angels.
Just launched 2 months ago, in January 2015, TopCheck is a price comparison website for services in Nigeria offering a comprehensive set of product categories including car insurance, health insurance, flight information, e.t.c. Users can receive a tailored quote on their desired product online and directly contact the service provider with the most attractive conditions.
Though the company did not want to disclose the amount, it said that it was able to get a group of undisclosed European business angels on board as investors.
According to Thomas von Pilar, one of the TopCheck founders, “This first round will help us to improve our operations in Nigeria and start building a cutting edge technology”
“We believe that 2015 will be the year of the emergence of a big African player, and we’re very well positioned to be that one player”, von Pilar comments. He adds that in Africa the price comparison sector is only just beginning to get momentum as users start to get used to buying not only products, but also services online.
The founders say TopCheck is providing one of the first centralised information sources for comparing services with its online platform that is equally optimised for desktop and mobile. “By giving users a full overview over all products in the market, TopCheck smartly brings transparency to the market.”
