About Proprepo

Fraud this common is not a market failure. It is a tooling failure.

The origin

In February 2024, a client of Eze's lost ₦18 million on a plot in Lekki Phase 2. The Certificate of Occupancy was genuine. The governor's consent had been forged. The seller had sold the same plot three months earlier.

The professional due diligence firm Eze used had spotted nothing, because they checked the document's surface, not its provenance.

Eze called Nkechi the same week. “I need to build something,” he said, “that looks at a document the way a forger looks at it. It knows what to fake and where.”

Fraudulent property sales cost Nigerians an estimated ₦1.5 trillion a year. Professional due diligence exists, but it is expensive, slow, and concentrated in Lagos and Abuja. Most buyers in secondary cities and emerging areas are entirely unprotected. Proprepo exists to change the arithmetic of that.

The team

Five people, three of whom have lost sleep over a land dispute.

Eze Charles

CEO and Co-founder

Eight years as a real estate developer and agent in Lagos. BSc Estate Management, University of Lagos. Watched two clients lose their life savings to fraudulent transactions in the same year. Spent 2023 building a manual checklist his team ran on every transaction, and decided in early 2024 to automate it.

A property transaction is often the largest financial decision of someone’s life. The fact that fraud is this common is not a market failure — it is a tooling failure. Proprepo is the tool.

Nkechi Obi

CTO and Co-founder

BSc Computer Science, Nnamdi Azikiwe University, Awka. Five years as a backend engineer at Interswitch, then a year freelancing on document verification tools. Deep experience in OCR, document analysis and AWS Textract.

Property documents in Nigeria come in every format imaginable — faded photocopies, WhatsApp screenshots, official PDFs, handwritten deeds. The first problem we solved was making sense of all of them.

Marcus Thompson

Head of Data

MSc Real Estate Economics, LSE. Six years at a UK PropTech startup building automated valuation models for the UK residential market. Met Eze through a London Nigerian Business Forum event and joined as an equity co-founder in September 2024.

Damilola Fashola

Legal Analyst

LLB, University of Lagos. BL, Nigerian Law School. Two years in property law practice. Joined Proprepo in August 2024 to build the legal content layer of the verification engine.

Timeline

Feb 2024The founding insight. A client loses ₦18 million on a plot in Lekki Phase 2.
Apr 2024Prototype reads three document types: C of O, survey plan, deed of assignment.
Jul 2024Plinth Technologies Ltd. incorporated in Lagos State. ₦23M pre-seed closed.
Sep 2024Marcus Thompson joins. First three pilot customers sign.
Dec 2024Six pilot customers. 380 verification reports generated.
Q2 2025Lagos State Land Bureau API integration for digitised C of O verification.
Q4 2025Public launch.

July 2024

Founded

₦23M

Pre-seed

Pilot customers

380

Reports generated

Fraud flags caught

Document types

What we hold to

Plain language for buyers, not lawyers.

A due diligence report should be readable by the person spending their savings, not just their solicitor.

Flag and explain, not just flag.

Every issue we identify comes with a plain explanation of why it is an issue and what the buyer should do about it.

We do not guarantee clear title.

We surface the information available. What the buyer does with it is their informed decision.

Run a verification before you commit to anything.

Start Verifying