Kenyan prop-tech startup Silqu has built a state-of-the-art system that makes property management easier by leveraging cutting-edge technology and a deep understanding of the African property market.
Founded in 2021 by a team with years of experience in the property management industry, Silqu aims to empower property owners and managers to achieve greater efficiency, profitability, and peace of mind, by automating their tasks.
Its platform offers a range of features, including auto-reconciliation, auto-disbursement, tenant management, rent collection, service charge management, bulk SMS notifications, and robust security features, all aimed at making property management more efficient and effective.
“The traditional property management sector was characterised by manual processes, inefficiencies, and a lack of transparency,” Silqu co-founder Bramwell Kipkoskei told Disrupt Africa.
“Property owners and managers faced challenges in rent collection, tenant management, maintenance, and financial reporting. There was a clear need for a technology-driven solution that could streamline operations and improve overall efficiency.”
Silqu identified this gap in the market and developed a comprehensive property management platform that addresses these pain points.
“By leveraging technology, Silqu offers a user-friendly solution that automates key processes, improves communication, and provides valuable insights into property performance,” Kipkoskei said.
Bootstrapped thus far, the startup has onboarded a “substantial” number of users, demonstrating strong market demand, and also established partnerships with key industry players such as payment gateways, accounting software providers, and real estate associations to enhance platform functionality and expand reach.
It has also expanded operations into a number of Kenyan cities, and introduced new features and functionalities based on user feedback and market trends, such as its mobile app, advanced reporting, and tenant portal.
“We are primarily operating in Kenya, with our headquarters in Nairobi. We have expansion plans to scale to the rest of Africa,” said Kipkoskei.
