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Trove Technologies - About the company

Trove Technologies is a seed company based in Lagos (Nigeria), founded in 2018 by Opeyemi Olanipekun. It operates as a Platform to invest in public traded equity, bonds & crtypto assets. Trove Technologies has raised $120K in funding from investors like Asset & Resource Management Company, Lagos Angel Network and Ventures Platform. The company has 1582 active competitors, including 105 funded and 109 that have exited. Its top competitors include companies like Robinhood, Groww and Public.

Company Details

Trove Finance is a platform to invest in public traded equities, bonds, mutual funds, and crypto assets. The platform accepts debit cards issued by the Nigerian banks & also some international cards. The minimum investment amount is ₦500. The app is available for Android platforms.
Social
XFacebook
Email ID
*****@troveapp.co
Phone Number
+234 **********
Key Metrics
Founded Year
2018
Location
Lagos, Nigeria
Stage
Seed
Total Funding
$120K in 4 rounds
Latest Funding Round
Ranked
Employee Count
26 as on Aug 31, 2026
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Trove Technologies's funding and investors

Trove Technologies has raised a total funding of $120K over 4 rounds. Its first funding round was on May 03, 2019. Its latest funding round was a Seed round on Apr 15, 2024 for $*****. 1 investor participated in its latest round. Trove Technologies has 9 institutional investors.

Here is the list of recent funding rounds of Trove Technologies:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 15, 2024
2588545
Seed
6173423
9235628
5493147
8033427
Jun 18, 2020
6826656
Seed
1294666
7892800
8737616
7608524
Dec 09, 2019
3358508
Seed
4313619
1339297
4607728
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Trove Technologies' founders and board of directors

Founder? Claim Profile
The founders of Trove Technologies is Opeyemi Olanipekun.
Here are the details of Trove Technologies' key team members:

Trove Technologies' employee count trend

Trove Technologies has 26 employees as of Aug 26. Here is Trove Technologies's employee count trend over the years:
Employee count trend for Trove Technologies
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Trove Technologies's Competitors and alternates

Top competitors of Trove Technologies include Robinhood, Groww and Public. Here is the list of Top 10 competitors of Trove Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Robinhood
Robinhood
2013, Menlo Park (United States), Public
Broker-based online trading and investment platform
$5.73B
89/100
2nd
Logo for Groww
Groww
2016, Bengaluru (India), Public
Provider of digital brokerage services for stocks and mutual funds
$596M
88/100
3rd
Logo for Public
Public
2019, New York City (United States), Series D
Multi-asset investment platform for individuals
$421M
80/100
4th
Logo for Freetrade
Freetrade
2015, London (United Kingdom), Acquired
App-based stock market trading platform
$165M
79/100
5th
Logo for Saxo Bank
Saxo Bank
1992, Copenhagen (Denmark), Acquired
Provider of online trading platforms for stocks bonds and derivatives
$549M
78/100
6th
Logo for Wealthsimple
Wealthsimple
2014, Toronto (Canada), Series F
Provider of financial services including investing, trading, saving, and borrowing
$1.29B
77/100
7th
Logo for Ajaib
Ajaib
2018, West Jakarta (Indonesia), Series C
Online investing platform for stocks and mutual funds
$515M
77/100
8th
Logo for Upstox
Upstox
2010, Mumbai (India), Series C
Broker-based online trading and investment platform
$220M
77/100
9th
Logo for Raise
Raise
2021, Mumbai (India), Series B
Developer of financial service products and infrastructure for Indian residents
$146M
77/100
10th
Logo for Scalable Capital
Scalable Capital
2014, Munich (Germany), Series F
Provider of a digital investment and brokerage platform
$550M
77/100
103rd
Logo for Trove Technologies
Trove Technologies
2018, Lagos (Nigeria), Seed
Platform to invest in public traded equity, bonds & crtypto assets
$120K
50/100
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Trove Technologies's Investments and acquisitions

Trove Technologies has made no investments or acquisitions yet.

Reports related to Trove Technologies

Here is the latest report on Trove Technologies's sector:

News related to Trove Technologies

•
JumiaPay Nigeria partners Trove Finance to simplify investingBusinessDay•May 18, 2023•Jumia, Trove Technologies
•
Trove introduces Bitcoin trading to its micro-investment siteTechgist Africa•Jan 27, 2021•Trove Technologies
•
Trove Finance Secures Undisclosed Funding From Ventures PlatformInnovation-village•May 03, 2019•Trove Technologies, Ventures Platform
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FAQs about Trove Technologies

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