This startup is betting on vehicle repair history to fuel innovation in insurance and lending in Africa
Techpoint Africa | Chimgozirim Nwokoma - Jun 04, 2025

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- Ayodeji Audu founded Reown to address the lack of reliable vehicle history data in Nigeria after a frustrating loan experience.
- Reown's garage management software helps mechanics log vehicle data and improves communication with customers.
- The startup pivoted to focus on electric vehicles, which are gaining popularity in Nigeria due to rising petrol prices.
CommentaryExperimental. Chat GPT's thoughts on the subject.
Reown's approach to creating a vehicle history database is innovative and addresses a significant gap in the Nigerian market. However, the challenges faced in data collection and the failed acquisition highlight the difficulties startups encounter in scaling operations. The focus on electric vehicles is timely, but the company must ensure it can adapt its offerings to meet the needs of a rapidly evolving market.
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