ApideckTape
← Embedded Finance Index 2026

Risevest

“Can a Nigerian-built wealth app become the default dollar-investment platform for African retail savers?”

Founded2019
HQLagos, Nigeria / George Town, Cayman Islands
FoundersEke Urum
Latest roundLater Stage VC
IndustryFintech / Investment
The story

Founded in 2019 as a Nigerian dollar-investment app letting African retail investors access US stocks, US real estate and eurobonds via professionally managed portfolios. Acquired Chaka in 2023 to consolidate Nigerian investment-tech. Operates via affiliates and third-party partners across Delaware, Cayman and Nigerian entities — meaning its embedded-finance stack relies heavily on US broker-dealer and custodian partners rather than self-operated infrastructure.

Last 12 months
2023-09
Product timeline
2019
Risevest founded to offer dollar-denominated investments (US stocks, real estate, eurobonds) to African retail investors.· pivot
2023
Acquired Nigerian fintech Chaka to expand investment-tech footprint.· acquisition
Regulated entities
3
regulatory licences held by Risevest
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
0 layers disclosed in Risevest’s embedded-finance stack
Accounting gap: none

Risevest — frequently asked

Who founded Risevest?

Risevest was founded by Eke Urum and is founded in 2019, headquartered in Lagos, Nigeria / George Town, Cayman Islands.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Risevest and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Risevest and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.