Uncovered Fund invests in home financing startup Bongalow

NIGERIA – Uncovered Fund, an Africa-focused Japanese venture firm, has invested an undisclosed amount in Nigerian home financing startup Bongalow, a mobile-powered home financing marketplace. This investment from Uncovered Fund is part of a wider seed round that also includes Future Africa, Kepple Africa Ventures, ARM, Magic Fund, a bank CEO in Nigeria, and a host of other angel investors. The full size of the round is yet to be confirmed, but all capital is being used to further solidify Bongalow’s presence in the market. “We are happy to receive…

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