Eric Jackson, co-founder of the Kenyan fintech platform Hisa, has stepped down from his role at Risevest, just months after the Nigerian company acquired Hisa in a strategic move to enter the East African market. Jackson, who transitioned to the role of Chief Technology Officer (CTO) post-acquisition, is now embarking on a new project aimed at improving sports infrastructure in the region.
The Story of Hisa
Hisa, co-founded by Eric Jackson and Eric Asuma in 2020, has been instrumental in changing how Kenyans invest. It introduced a platform that allowed users to invest in both local and international stock markets, providing access to opportunities previously unavailable to many in Kenya.
Under Jackson’s leadership, Hisa grew rapidly, securing regulatory approvals and forming key partnerships that established it as a trusted name in the fintech space. This success caught the attention of Risevest, a Nigerian investment platform that finalized the acquisition of Hisa in September 2024.
Moving Forward with Risevest
With this acquisition, Risevest set its sights on solidifying its presence in Kenya while continuing to serve Hisa’s growing user base. The transition brought leadership changes, with Jackson assuming the role of CTO. However, just a few months later, Jackson decided to step down to pursue his passion for sports development in East Africa.
What’s Next for Jackson?
Eric Jackson has announced his involvement in the Mashuuru Sports Complex, an initiative aimed at improving sports infrastructure and creating opportunities for athletes in East Africa.
“I’m excited to bring my experience to the Mashuuru Sports Complex. This project will create meaningful opportunities for athletes and elevate the sports scene in the region”, Jackson said.
The Implications for Hisa and Risevest
While Jackson’s departure marks the end of an era for Hisa, the platform remains in capable hands under Risevest’s leadership. The acquisition positions Risevest to expand its offerings across East Africa, ensuring that Hisa continues to empower users and democratize investment opportunities.
This development is a reminder of the growing interconnectedness between African markets, with platforms like Hisa and Risevest driving innovation and collaboration across the continent. As Jackson shifts his focus to sports development, Hisa’s journey under Risevest begins a new chapter of growth and integration.
