February 8, 2017 IBOMLLC Team

Silvertree acquires Nigeria’s TopCheck, forming Africa’s largest Price Comparison Group

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

TopCheck is Nigeria’s leading price comparison site for financial services offering free online comparison for insurance products, loans, and broadband internet plans

Silvertree Internet Holdings, Africa’s leading internet platform, has acquired Nigerian price comparison site TopCheck for an undisclosed amount.

TopCheck is Nigeria’s leading price comparison site for financial services offering free online comparison for insurance products, loans, and broadband internet plans. The website recorded fast growth in 2016, processing up to 3 billion Naira (10 million USD) in Gross Application Value per month. It was founded by European entrepreneurs Christian Wiesner Jose Figueiredo and Thomas Pilar in 2014, and headquartered in Lagos and Berlin. The startup, that dubs itself the “Moneysupermarket of Africa”, had raised 1 million Euros in venture capital in 2015.

Silvertree Internet Holding is a Cape Town based Internet holding company which owns and operates Internet assets across Africa. TopCheck will join Silvertree’s subsidiary Compare Africa Group (CAG). CAG is active in South Africa, Kenya and Nigeria, and offers online price comparison of goods and services through various websites. The group owns financial services websites Compareguru, as well …read more

Read more here:: Silvertree acquires Nigeria’s TopCheck, forming Africa’s largest Price Comparison Group

      

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