Chipper Cash Introduces Fractional Stock Investing in Uganda
Dec 7th, 2022Product
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Chipper Cash has launched a new investment product enabling Ugandans to invest in global companies with as little as $1 or 3,500 Ugandan Shillings.
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The service offers access to over 6,000 U.S securities and ETFs, aiming to democratize investing for all economic backgrounds.
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It is the first of its kind in Uganda, regulated by the Capital Markets Authority, and involves a partnership with DriveWealth LLC.
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The platform promotes economic and social development through financial inclusion, providing investment opportunities previously inaccessible to many Ugandans.
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Chipper Cash also provides local and international money transfers, crypto services, airtime, data, and bill payment options.