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Cowrywise crosses 1 million stock trades as retail investing grows

Cowrywise has processed over 1 million stock trades in one year as young Nigerians drive a surge in retail investing on the NGX.

Tarun Mottlia

Via TechCabal

·Excerpt
Cowrywise crosses 1 million stock trades as retail investing grows
Image: Yarmirama Ashama, Associate Vice President of Product at Cowrywise. Image Source: Cowrywise.

Cowrywise, a Nigerian investment fintech, has processed more than 1 million stock trades one year after launching its Stocks product, as retail investors increasingly use digital platforms to buy Nigerian equities.

The fintech is now launching a curated stocks feature that lets users choose from selected companies backed by analyst research and rated “buy,” “sell,” or “hold.” The feature moves the investment app closer to the point where users decide what to invest in.

The move comes as retail participation…

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