Securing Asset Movements
We are building Africa's most trusted trade facilitation network — connecting Suppliers who need to move inventory with verified Partners who financially secure and transfer assets in 100% structured trades.
Our Story
Prawnbox was born from a simple frustration: moving high-value items in Nigeria was a gamble. Traditional couriers offered no real skin in the game, leaving owners to bear the risk of loss or theft alone.
“We realized that millions of Nigerians travel the same routes every day. Why not empower them to act as Mobile Trading Partners? By having them financially secure the items they carry, we eliminate the trust gap and turn every journey into a secured trade.”
— Prince Dike, Co-Founder & Executive Director, Product & Marketing
We envisioned a better way—a community-driven network where everyday Nigerians earn by acquiring and reselling trade-pathways, while suppliers enjoy the peace of mind that comes with Liquidated Value Protection.
“At Prawnbox, we aren't just moving items; we are moving guaranteed value and turning every inventory transfer into a secured trade. Our technology ensures that every stakeholder—Supplier, Pal, and Proxy—is protected by a capital-backed commitment throughout the asset's journey.”
— Uchechukwu Friday, Co-Founder, Executive Director, Business & Partnerships
Today, Prawnbox is a registered Nigerian company (CAC) RC 8179339 that has successfully launched in Lagos and Ibadan, with active verified Pals serving hundreds of customers. We are growing in Lagos and Oyo State, and will expand beyond the west.
Our Mission & Values
We are driven by a commitment to make asset movement accessible, fast, clear, and profitable for every Nigerian.
Our Mission
To democratize trade-logistics in Nigeria by connecting communities and empowering individuals to earn through Capital-Backed Asset Transfers.
Trust First
Every Pal is verified. Every move is backed by a Value Commitment from the partner holding the item. We treat every item as Contracted Inventory.
Community Nodes
We believe in the power of local hubs. Our Proxy Nodes provide short-term liquidity, keeping the trade network fluid and secure.
Trade Efficiency
We leverage technology to make asset transfers faster, chain-of-custody more transparent, and settlements seamless.
High-Yield Margins
Pals earn professional Trading Margins on every asset they secure. We believe in rewarding capital-risk and effort fairly.
Asset Sovereignty
We operate strictly under the Sale of Goods Act, ensuring that every movement is a recognized commercial transaction.
Our Growing Reach Across Nigeria
Officially registered with CAC (RC 8179339), we've launched in key cities and are rapidly expanding nationwide.
We are actively serving customers with verified Pals and Proxies in:
We're bringing prawnbox to more cities across Nigeria:
Our Evolution Roadmap
From a simple idea to a growing national network, here is how we got here.
Foundation Phase
Building the groundwork for trade revolution
Market Research
Comprehensive market analysis of Nigeria’s asset-transfer landscape, identifying trust deficits and liquidity opportunities in Lagos and beyond.
Company Founding
Prawnbox Technology Ltd. officially founded by a team of passionate entrepreneurs committed to revolutionizing how value moves.
CAC Registration
Official registration with the Corporate Affairs Commission (RC 8179339), establishing Prawnbox as a legitimate Nigerian commercial entity.
Business Structuring
Finalized the "Single Body" commercial model, legal framework under the Sale of Goods Act, and partnership agreements for sustainable growth.
MVP Development
Built our first Minimum Viable Product with core features: Partner Verification, Value-Locking Commitments, and Real-Time Chain-of-Custody Tracking.
Private MVP Launch
Built our first Minimum Viable Product with core features: Partner Verification, Value-Locking Commitments, and Real-Time Chain-of-Custody Tracking.
Launch & Growth Phase
Scaling nationwide and expanding features
Public Launch
Official nationwide launch in Lagos and Ibadan! Full platform access for secured asset transfers and onboarding of thousands of Trading Partners.
AI-Powered Trade Matching
Launch of an intelligent Partner-to-Asset matching algorithm using AI to optimize trade routes, reduce transfer times, and increase Partner margins.
B2B Inventory Partnerships
Strategic partnerships with e-commerce wholesalers and retail businesses for high-volume, capital-backed inventory movement contracts.
Earning Opportunities
Introducing innovative earning opportunities for all stakeholders—Suppliers and Receivers can now earn through our referral and network engagement programs.
National Expansion Phase
Taking Prawnbox across Nigeria
Multi-State Node Expansion
Major expansion of Proxy Nodes to Port Harcourt, Abuja, Enugu, Kano, and Calabar—bringing secured trade to all major Nigerian hubs.
Trading Partner Academy
Launch of a comprehensive training program for Pals covering asset handling, trade integrity, route optimization, and professional merchant development.
Advanced Asset Security
Revolutionary electronic security system for inventory protection with tamper-proof, real-time value tracking technology.
International Pilot
Pilot program for cross-border trade facilitation to Ghana and other West African countries—expanding the Prawnbox network beyond Nigeria.
Meet the Team
Experienced leaders driving innovation
Uchechukwu FRIDAY
Co-Founder & Executive Director, Business & Partnership
Prince DIKE
Co-Founder & Executive Director, Product & Marketing
Victor ADERIBIGBE
Co-Founder & Executive Director, Technology
Join the Prawnbox Community
Whether you want to move inventory with zero risk or earn as a Capital-Backed Partner, we are here for you. Sign up today and experience the future of secure, peer-to-peer trade facilitation in Nigeria.
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