Nigeria Startup Risevest In Talks To Acquire Hisa in Kenya
- Risevest is in discussions to acquire Hisa, a Kenyan startup that allows access to purchase US stocks.
- The acquisition will enable Risevest to expand to the Kenyan market without requiring new registrations or licenses.
- Hisa raised $250,000 in pre-seed funding in 2022, valuing the startup at $5 million.
The potential acquisition of Hisa by Risevest presents an opportunity for both companies to strengthen their presence in the African fintech market. By expanding to Kenya, Risevest can tap into a new customer base and benefit from Hisa's expertise. However, the ongoing discussions indicate that the deal is not yet finalized, and further developments need to be monitored.
