Nigerian gifting startup Showlove raises US$300,000 pre-seed funding

NIGERIA – Showlove, a Nigerian social platform for gifting, has closed a US$300,000 pre-seed funding round from Fedha Capital and other angel investors as it goes live with the first version of its product. Founded in 2020 by Chikodi Ukaiwe, Joshua Biyere and Seye Bandele, Showlove is simplifying the process of requesting, giving and receiving gifts and cash, while also helping African businesses promote their services and deals. “In our personal lives we have experienced difficulty knowing exactly what people want when we want to share gifts with them randomly…

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