Swappaholics is registered as an incorporated offshore company with its headquarters in the British Virgins Islands. The startup was birthed in Ghana, and rapidly extended into the Nigerian, Kenyan and UAE markets. Swappaholics creates a swapping culture where products and skills become ones social currency. It reinvents the ancient barter trade into a 21st century online platform that empowers individuals and businesses to connect and swap products, skills and services in a social setting that doesn’t require any money. The site focuses on three different aspects; product swapping, skills swapping and car swapping. This was the first ever African Startup to make it into the Dubai based seed accelerator, TURN 8, which was a major achievement for the startup. Swappaholics is changing the status quo to trade; introducing a new paradigm shift that eliminates the need for physical cash; empowering people to use their skills, product or service to trade. People are often prevented from trading because they always don’t have cash-on-hand, goods and services are quite expensive and it costs an arm and a leg to sometimes hire freelancers and skilled professionals. Businesses also wish they had easier ways of trading their services or products for other things. Offline swapping of goods, skills and services is already a booming market across Africa. All they have done was bring this experience online, making it feature-rich yet very simple, with a social twist. For more information click here.
