A few days ago TechCabal reported that the South Africa-based price comparison platform, Click n Compare (CNC), has extended its service to both Nigeria and Kenya with the launch of CompareGuru. However, there’s more.
The company has acquired Insured.ng , a Nigeria-based insurance deals comparson company backed by Spark. This acquisition, the company reveals will help them leverage Insured’s market traction and its existing partnerships.
“Click n Compare has made considerable advances in the online price comparison market in South Africa,” said Bastian Gotter, Spark Managing Partner and a member of the CNC advisory board. “With their proven track record, and their expertise in the sector, we very much hope they can take Insured.ng onto its next phase as a leading Nigerian insurance comparison platform,” he added.
Launched in 2013, CNC’s model covers service comparison across diverse verticals including insurance, mobile, broadband, and banking. The company is backed by Silvertree Capital, a venture builder and venture capital investor in technology businesses.
