Nigerian fintech Risevest enters Kenya, finalises acquisition of Hisa
- Risevest acquires Hisa, a Kenyan investment startup.
- Acquisition approved by Kenya's Capital Markets Authority.
- Hisa retains its brand, staff, and operations post-acquisition.
The acquisition of Hisa by Risevest represents a strategic move to enhance their footprint in the growing African fintech landscape. It reflects a broader trend of consolidation in the industry, where established players are seeking to leverage local expertise to navigate new markets. This could lead to increased competition and innovation in the digital investment space in Kenya.
