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Showlove, a social gifting platform with a mission to create an Africa where relationships are fortified and fostering new connections via giving and gift exchange, has announced its pre-seed fundraise of $300,000 in a round led by Fedha Capital. The capital would be used to continue building an indigenous social platform that simplifies gifting for all Africans across various divides.
With the new round of funding, Showlove plans to extend the product offering to include exciting features that simplify gift-giving, and peer-to-peer payments, develop API and developer tools to open up access to thousands of merchants and super or hypermarkets within and outside Nigeria, and hire a core team to shore up expertise in business development, finance, and logistics.
Showlove is a social platform making it fun and simple for users to request, give and receive gift vouchers, deal coupons, and cash. Show love helps customers make the right choice of gifting every time they decide to share a gift by taking out all of the variables of sending gifts – what to buy, what size they wear, what colors they prefer, what hobbies they enjoy, and so forth. Showlove is partnering with African businesses to bring great experiences to its customers, with a mission to make all Africans happier through gifting. By curating the most exciting businesses for customers to explore and patronize, the social platform wants the process of giving a gift to be extremely simple and fun for all stakeholders involved.
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