Rise
Dollar-denominated automated investments for wealth creation in emerging markets.
What it does
Founded in 2019 by Eke Urum, Bosun Olanrewaju, and Tony Odiba, Risevest (Rise) is an automated wealth management platform that provides African retail investors direct access to global, dollar-denominated assets. Rise enables users to invest in US equities, commercial real estate, and fixed-income portfolios to hedge against local currency inflation and devaluation.
Investment / brokerage platformsWealthtech / robo-advisoryFractional / alternative asset investingDigital savings platforms
Known for
- Dollar-denominated investment portfolios
- Fractional US real estate investments
- Acquisition of digital trading app Chaka
Model & industry
SaaSInvestment & Capital Markets
Products & subsidiaries
Rise Stocks · US Equity InvestmentRise Real Estate · Fractional Real EstateRise Fixed Income · Low-Risk Dollar Savings
Acquisitions
- Chaka (2023). Acquired SEC-licensed stock trading platform Chaka.
In the News
- 2023-11-20 · Risevest acquires trading startup Chaka to broaden market footprint · TechCabal