Chaka Technologies Launches Hisa Investment App in Nigeria

Chaka Technologies Ltd has launched Hisa, a new investment application designed to replace its existing Chaka Trade platform. This launch introduces a range of new features aimed at making investment more accessible for retail users in Nigeria.

Hisa provides investors with access to the Nigerian stock exchange and exchange-traded funds (ETFs) on a single platform. Existing Chaka users will automatically transition to the new app, retaining their portfolio, account details, and transaction history.

The platform includes several new features such as automated investing, 24-hour trading, and integrated market research tools, all within a redesigned user interface intended to improve user experience. Hisa adopts a new pricing model that charges a flat percentage commission per trade, designed to enhance transparency and eliminate hidden fees commonly associated with investment transactions.

This launch is part of Chaka Technologies Ltd's broader expansion strategy across the African market. The term "Hisa" is derived from Swahili, meaning "share," representing the company's Pan-African identity as it expands operations across multiple markets.