In an online interview with the Kenyan Wallstreet, Ndovu Investment CEO and co-founder Radhika Bhachu talks about the state of digital investment platforms in Africa and how Robo-advisory will play a role in guiding investors select products that suit their investment appetite and risk.
Radhika talks about the transition from the savings culture to investment culture in creating a better financial future, and how digital investment tools provide access to financial markets, which is the drive behind Ndovu Investments. The founder talks about how solutions like Ndovu help to lower barriers of entry towards investment by improving both knowledge and reducing costs.
The CEO notes that the digital tools they are building will provide easy access to African financial markets, and lower the minimum requirements needed to invest as well as compare different investment options in the market.
The takeaway from the episode:
Africa’s investment market can attract more retail investors through leveraging technology to improve information flow and lower costs.
About Radhika Bhachu
Before founding Ndovu, Radhika Bhachu worked at the London office of BlackRock, one of the world’s largest investment management companies by assets under management. She was responsible for leading BlackRock’s relationships with UK pension schemes of all shapes and sizes, investing across all asset classes and strategies, from index-tracking, LDI, active management and alternatives to full fiduciary arrangements.
