Overview
Hisa is Africa’s social wealth management platform that democratizes access to global financial markets for African investors. The platform enables users to invest in over 6,000 instruments across Kenyan, US, UK, and EU stock markets, making international investing accessible to both novice and experienced investors.
Designed primarily for African investors seeking portfolio diversification, Hisa serves individuals looking to build wealth through global market exposure. The platform combines investment services with financial education through podcasts, news, and community discussions, addressing the 67% financial illiteracy rate across Africa. Users can invest in fractional shares, making expensive stocks affordable for small investors
Key Features
Global Market Acces
Trade in Kenyan, US, UK, and EU stock markets
Fractional Investing
Buy portions of expensive stocks and ETFs
CDSC Account Integration
Seamless Central Depository & Settlement Corp account opening
Multi-Asset Trading
Stocks, ETFs, REITs, commodities, currencies, and mutual funds
Social Investment Community
Engage with other investors and market discussions
Real-time Market Data
Live news, insights, and market analysis
Pros & Cons
Advantages
- Access to 6000+ global investment instruments
- Fractional shares make investing affordable
- Strong educational content and community
- Fully regulated with licensed partners
- Low fees compared to traditional brokers
Limitations
- Limited to African markets for customer base
- Occasional app performance and login issues
- Limited customer support channels
- Requires frequent document re-verification
- Market hours limitations for some regions
Security Features
Partnership with licensed and regulated financial institutions
CDSC (Central Depository & Settlement Corporation) integration
End-to-end encryption for all financial transactions
Multi-factor authentication for account access
Real-time transaction monitoring and fraud detection
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| US Stock Trading | 0.5% per transaction | Minimum $1 fee per trade |
| Kenyan Stock Trading | 1.5% + brokerage | NSE standard rates apply |
| ETF Investments | 0.75% per transaction | Lower fees for diversified investing |
| Fractional Shares | 0.5% per transaction | Same rate as full share purchases |
| Currency Conversion | 1.5% spread | For international market access |
| Money Market Funds | 0.25% annually | 0.25% annually |
Getting Started
Detailed Ratings
Final Verdict
Hisa successfully bridges the gap between African investors and global financial markets, offering unprecedented access to international investment opportunities. Its educational approach and social features make it ideal for beginners while providing sophisticated tools for experienced investors.