Hisa App Replaces Chaka with Simplified Investing
Chaka, the investment platform known for providing Nigerians access to local and international stocks, has officially launched Hisa, a new investing app designed to make buying shares simpler, cheaper, and less intimidating. The app is now available for download on the Google Play Store and Apple App Store, targeting both existing Chaka users and new investors in Nigeria and Kenya.
For existing users, the transition is seamless. Portfolios, account history, and login details remain unchanged, with only the app experience being upgraded. New users can sign up directly to begin investing.
Key Features: Auto-Invest and Atlas Research Tool
Hisa introduces a cleaner and more intuitive design, making it easier to find stocks, track investments, and place trades. One standout feature is Auto-Invest, which allows users to invest automatically on a schedule, eliminating the need for manual monthly contributions. Additionally, the platform includes Atlas, an in-app research tool that provides market insights and information while users make investment decisions.
The company emphasizes transparency around fees, a common pain point for investors. Hisa charges a flat 1% commission per trade with no hidden fees, a departure from platforms that often surprise users with unexpected charges after transactions.
Access to Nigerian and US Stocks from One Platform
Users can access Nigerian stocks, US stocks, and ETFs from a single platform, enabling portfolio diversification without juggling multiple apps. The name Hisa comes from the Swahili word for 'shares,' reflecting the company's growing presence across Africa and its ambition to make investing more accessible beyond a single market.
Customer support has also been improved, with real people available to help resolve issues quickly, according to the company.
Targeting First-Time Investors and Young Professionals
For many young professionals, side hustlers, students, and first-time investors, complexity has been a major barrier to investing. Hisa aims to lower that barrier by making the investing experience easier to understand and use. The company believes that if investing feels less intimidating, more people will finally get started.
In a continent where millions seek better ways to grow their money, Hisa's approach represents a significant step toward financial inclusion.
