Trove

What they do:

Trove allows users to trade Nigerian, Chinese and U.S. Stocks, ETF, Bonds and Cryptocurrencies. Customers can trade with as low as ₦1,000, for Nigerian stocks and cryptocurrencies, and as low as $10 for foreign stocks.

Why we invested:

The major pain point for African individuals investing in listed instruments is difficulty in accessing the markets – both local and foreign. The process of acquiring shares, not to mention knowing what instruments to buy, is complicated and costly. Trove is democratising access to capital markets wealth creation with as little as $10.

Founding Team:

Oluwatomi Solanke is the Founder and CEO of Trove. He has over 10 years of experience building and advising startups. A YALI fellow and LEAP social innovator awardee.

Desayo Ajisegiri is the Co-Founder and COO of Trove. She has 8 years of experience on Wall Street, strong business & IT strategy, project management, process optimization, data analytics, P&L management, and risk mitigation experience.

Austin Akagu is the Co-Founder and CPO of Trove. Strategic & analytical finance professional with 5 years of success in financial reporting, analysis, and project management.

Opeyemi Olanipekun is the Co-Founder and CTO of Trove. A Software Engineer with over 10 years hands-on experience with several different programming technologies such as Java, PHP, JavaScript and Solidity.

Active in:

Nigeria