Saturday, May 21, 2022



…Providing tech-solutions to Rent financing for Nigerian Landlords and Tenants.

Abuja, Nigeria, November 22nd , 2021— “The Rent Payer”, an innovation by Shelta to solve the problem of rent financing has been flagged off in Abuja. Shelta is a tech-driven startup specialised in resolving prevailing problems in property matters in the Nigerian space.

The service had its online launch on 20th of November, 2021 while the press conference held at the Sustainable Innovation Hub, Garki, Abuja on the 22nd of the same month.

According to the CEO, Austin Igwe, this service is focused on helping Nigerians find a way out of the stress of paying rent annually even when it is impracticable to do so.

“Nigerians can now heave a sigh of relief with a new breath of fresh ideas through cutting edge technology into the property industry. Our dream is to enable people win while living”

“The Rent Payer” is a new solution by Shelta to eradicate the longstanding conflict between landlords and tenants regarding flexibility of rent payment. Tenants that subscribe to “The Rent Payer” service have their annual rent paid to their landlords in full via Shelta’s funding funnel, giving the tenant the option of flexible rent payment according to their income structure; be it monthly, quarterly, bi-annually or annually. This payment made on behalf of the tenants in turn guarantees the rent for the landlord.

“We are very excited about how interested the attendees were. They are quite receptive to the idea and our feedback from the online launch shows same. Their enthusiasm towards this innovation shows Nigerians are very ready to shake off the lack of rent financing burden while the expected legislative framework needed is yet to be implemented.” said Stanley Odum, COO at the event’s closing.

“Shelta is committed to providing sustainable Living in Africa. We don’t just render a service we create an experience.” Dave Ovieasu, a partner at Shelta opined as he gave a live demonstration of how to engage the user-friendly platform where landlords and tenants can register.

Other guests that were in attendance are Mr. Richard (partner), Mr. David Ovieasu (partner), Mr. Nonso Mebele (partner), Barrister Ehimen Dic-ijiewere (partner), Dr. Manpan Wungak (Senior partner), Barrister Gloria Ejeh from Maraki Solution, Jenje Akinoladapo and Samuel Olokpo from Polaris Bank, Mrs Queen Ouserigha of Cura Foods, and Mr. Andrew Abba from Airdroft Transport Ltd.

“The Rent Payer” is set to be launched in other parts of the country such as Lagos, Port Harcourt, Ibadan, etc in the first quarter of 2022.

About Shelta
Founded by Austin Igwe, Shelta is a prop-tech startup innovating new ways of solving the longstanding problems surrounding property financing, management and development in Nigeria with the use of technology. For enquiries, visit

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