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in Securities/Markets

Micro-investing Platform Trove now in Ghana

Maynard Championby Maynard Champion
October 16, 2021
Reading Time: 3 mins read
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Micro-investing Platform Trove now in Ghana

Trove new recruits

Micro-investing platform, Trove, has announced plans to make its investment platforms available to Africans across the continent with Ghana as its next stop.

The plan to expand to more African markets rides on the back of the mammoth adoption the fintech startup has recorded since its launch in the Nigerian market.

Oluwatomi Solanke, CEO & Founder of Trove Global, is optimistic that the company will be well received in all corners of the continent.

“Our organization’s goal remains to further this mission in different consumer markets across Africa. We are optimistic the solution will be well received. From Anambra to Accra, Kampala to Kisumu, we remain committed to spreading financial wellness to all of Africa.”

Oluwatomi Solanke

As the pioneer Stock investment platform in Nigeria, Trove was created with a mission of providing new and better ways for African investors to earn higher returns and build a global investment culture. To achieve its goal of providing a world-class digital investing service, Trove Global is fully licensed to offer investment advisory services, allowing the company to layer investment advice as a key part of its service offering.

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Austin Akagu, the Chief Commercial Officer (CCO) at Trove, revealed one of the first questions most people normally ask when they begin investing at Trove. He noted that most investors are ignorant and do not know which step to take first.

“Where do I begin?, is the question most people usually ask. To help answer this critical question, we have built an amazing suite of digital investing products, including direct investment (Stocks/ETFs) recommendations, that will shorten the investment journey for both our new and experienced investors. We have done the heavy lifting. It’s time for you to sit back and invest with ease!”.

Austin Akagu

Austin Akagu further asserted that the pioneering startup stayed true to its promise to democratize investment for Africa in many ways. Meanwhile, he noted that Trove provides more than 10,000 financial assets spread across stocks, bonds and Exchange-traded Funds (ETFs) for users to invest. The company has solved the problem of restricted market access for Africans that wish to diversify their portfolio more extensively than any current market player. He stated that Africans can easily assemble a competitive portfolio with the tap of a few buttons at price points that align with global standards, compared to the status quo of hiring a dedicated fund manager.

In addition, the Chief Commercial Officer opined that Trove has broken the barrier of high entry cost(s) that has locked most Africans out from participating in the global markets. “With as little as $5, Trove offers most Africans an opportunity to own global stocks seamlessly.”

Mr Akagu also echoes the assertions of the CEO of Trove, Oluwatomi Solanke, that the goal remains to further this mission in different consumer markets across Africa.

Mr Akagu is full of expectation that Ghanaians will embrace Trove, saying Trove will succeed in Ghana just like how it did in Nigeria.

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READ ALSO: Ghanaian Banks’ Stocks Expensive than Nigerian Banks- Report

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