The solution is unveiled after more than ten months of testing. It allows millions of Kenyans access to various stock markets and information to up their investment skills. 

Hisa is a fintech solution developed by a Kenyan eponymous start-up. It enables users (individuals and businesses alike) to buy fractional Kenyan and US stocks and pay via mobile money. 

“At Hisa, we are building the infrastructure for borderless investments in Africa through micro-investments. Less than one percent of the population in Sub-Saharan Africa invests in the capital markets, caused mainly by a lack of access, low financial literacy levels, lack of IPOs as well as low liquidity of the local stock exchanges. [...] Through Hisa, anyone in Kenya can invest in their favorite companies such as Safaricom, KCB, Equity, Tesla, Apple, Microsoft, and many more,”  explains Erick Asuma, Hisa’s co-founder, and CEO.  

The solution was launched after ten months of beta testing. It has a mobile app -for both Android and iOS devices, through which users can create their accounts to access its numerous features. Among other things, they can access over 400 podcasts about the stock market, technologies, and asset management. 

According to Eric Jackson, another Hisa co-founder, the startup is planning a funding round to expand its operations. The co-founder says the fintech already has more than 15,000 users with more than US$1 million in transactions processed. On Playstore, the Hisa Android app has already been downloaded more than 10,000 times.  Its rating is 2.8 out of 5. 

Adoni Conrad Quenum