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
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
Corporate entity
US (Delaware)
Rise Vest Technologies Limited
Corporate entity
Cayman Islands
Rise Vest Technologies Global Limited
Corporate entity
Nigeria
Rise Vest Technologies Limited
The stack
Accounting gap: none