Local firm, Assetrise (AR) Limited has launched the FlapCoop, a cooperative society platform initiative to assist individuals own, invest and earn from real estate, agricultural and other strategic assets investments.
Speaking during the launch of its product and unveiling of its new branch office in Magodo, the Group Managing Director, AR Limited, Rotimi Ojamamoye, noted that the new initiative which is licensed by the Lagos State Ministry of commerce, industry and cooperatives and the Corporate Affairs Commission (CAC) was created to make luxuries and assets affordable to Nigerians.
“We discovered the importance of funding and savings and to be a pioneer in terms of asset ownership and asset investment is to create opportunities and jobs and also involve the people through crowdfunding.
“So this is simply our crowd-funding initiative and what we do is to invest our crowd funds into real estate, agriculture, and FinTech (financial technology).
He added that “Lending credence to the wealth of the developed nations and how easy life can be for every human in accomplishing basic needs and even greater goals with a flexible system that support the finance of all from education, technology, investment, housing, and more we are motivated to create a formidable and accountable system that can make this work in Nigeria and Africa”, he said.