Ndovu launches its fintech business in 2020 operating within its domestic marketplace, Kenya. Ndovu’s fintech network connects firms and individuals based in Africa to the financial market featuring foreign collectible stock. Ndovu reportedly rounds up a stealth pre-seed round.
Ndovu’s broad startup financial market appears to be conducive with multitasked foreign collectibles featured on Ndovu’s fintech network for instant equity investment and management. The Kenyan startup fintech is developed to distribute wealth streams. Ndovu’s network bridges the financial market to explore multiple stocks availability.
For context, the financial market is dominated by expensive equity categories. Ndovu fintech operations sell investment security to develop Africa’s underserved population. Ndovu’s digitized financial market applies fewer preferences towards serving users regardless of their wealth class.
Ndovu’s CEO Radhika Bhachu revealed “their idea was born out of our passion to improve financial lives across Africa. Our vision is to provide every African, regardless of income level or financial knowledge, with the right tools to grow their wealth.”
Bhachu said they “believe educating our people on how to make their money work for them will bring us one step closer to reducing poverty on the continent.” For context, Ndovu is certified per the Capital Market Authority, CMA’s license that regulates minimum domestic and international investment security.
Ndovu’s fintech operations hover around the international financial market per creating awareness about upgrading the standard of living. Ndovu’s motive is centered on curving the rampant flow of poverty in Africa.
Ndovu’s debut plays “a vital role in financial inclusion by opening up the previously-gated financial markets to all. We are also demystifying investments by breaking down financial jargon with an easy-to-use UI”
The Kenyan fintech startup raised its pre-seed round and discreetly reserved the worth of the pre-seed deal — unlike other African startups that flaunt the amount of seed they raised from Capitalist.
Still, Ndovu revealed the venture capitalists that injected funds to accelerate its wealth-tech operations in Kenya, including, Future Africa, 4DX Ventures, Oui Capital, Plug and Play Tech Center, etc.