ETAP, a Nigerian insurtech startup has announced today the securing of $1.5-million in pre-seed funding, which according to the company, will be used to grow its team and drive the adoption of its car insurance options across Africa.
“ETAP is addressing many challenges that impact the automotive experience in Africa and we are excited to support and work with them to bring their innovation to more drivers across the continent. We believe that ETAP will engage with this important role and revolutionize the automotive insurance industry with their powerful technology,” said Takagi Yumi, Project Manager at Mobility 54.
Using advanced telematics, the driving experience is gamified to improve driving behaviour and drivers can earn Safe Driving Points that can be exchanged for shopping vouchers for the most in-demand retail outlets, fuel, cinema and concert tickets, and other exciting experiences.
Source: News Formal (newsformal.com)
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