Malaysian investor Frontier Digital Ventures has put in $1.2 million in a Series A funding round of Nigerian real estate classifieds start-up ToLet.com.ng.
The investment from Frontier Digital Ventures follows last year’s $500,000 in Ghana’s real estate classifieds start-up MeQasa.
Frontier Digital, that is known to invest in leading classifieds companies in emerging markets, has invested in Panama’s Encuentra24.com and Pakistan-based property website Zameen.
“The funds raised will be used to improve the platform’s technology offering to both property seekers as well as that used by listing