Diaspora Investing

Investment apps, dollar savings, and cross-border finance for Africans in the UK.

Exclusive: CredPal launches Atom, an investment platform, as it expands beyond buy now, pay later

CredPal has launched Atom, an investment platform offering Nigerian and US stocks, digital assets and asset-backed loans as it expands beyond BNPL.

Chaka rebrands to Hisa

Chaka and Hisa apps have merged into one ‘Hisa’ app. Existing portfolios are maintained, with users told to expect improved services.

Raenest to allow Nigerians buy SpaceX shares at IPO

Raenest set to enable Nigerians access SpaceX IPO at launch via its US stocks feature. Eligible users can own a piece for as low as $2.

Blockchain.com bets on tokenised stocks as Nigerians chase dollar stability

Nigerian crypto exchanges are all starting to look less like Coinbase and more like Robinhood. Blockchain.com seals the trend at this time.

Condia Insider: Bamboo opens doors to US markets

In this letter, we explore: Bamboo secures US broker-dealer license, Tyme Group becomes Africa’s latest unicorn, Cassava Technologies secures $90 Million investment

Nigerian fintech, Risevest acquires Chaka

Techstars-backed fintech, Risevest has acquired Chaka, a digital trading platform. “I’m excited about how Chaka’s product will evolve and how we’re going to learn from the Risevest team,” Tosin Osinbodu, Chaka’s founder told TechCabal while confirming the deal that was closed on Tuesday (September 26).

CBN lifts ban on abokiFX, Bamboo, Risevest and 437 bank accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.

Six Nigerian fintech apps for saving in dollars

These 6 fintech apps help you retain the value of your money by saving in dollars. They are Bundle Africa, Muna, Piggyvest, Cowrywise, Pillow fund and Bamboo

Investment apps compared in 2023: Risevest, Chaka, Trove, Bamboo, Cowrywise, Piggyvest and Pillow

We compared these investment apps across four categories: market share, assets offered, user reviews, fees and charges.

Why African millennials and Gen Z invest in US stocks despite the bear market

Despite the downturn in the US economy, a 2022 report by Bamboo revealed why Nigerian retail investors have continued to invest in stocks in the bear market.

Investment apps: Risevest, Chaka, Trove, Bamboo, Wealth.ng, I-invest, and InvestNow compared

We simplified our analysis by comparing the seven apps across four categories: market share, user experience, offerings, fees and charges.

My first impression of Trove Finance and a mild introduction to investments

Review of Trove Finance, a platform that allows you to invest in stock markets around the world for as low as ₦1,000.