JumiaPay Nigeria Partners with Trove Finance to Simplify Investing

Lagos, (Nigeria), May 15th, 2023 – JumiaPay, the digital payments
and fintech platform of the leading e-commerce platform in Africa, has announced a partnership
with Trove Finance, Nigeria’s leading online investment platform. This partnership enables
Trove’s customers to leverage JumiaPay to fund their investment accounts, providing a seamless
and convenient way to manage their investments. JumiaPay is a CBN licensed Payment Solutions
Service Provider (PSSP) that partners with businesses to make payments easier, faster, and
more secure while also boosting their growth through free marketing and visibility add-ons.
Trove has integrated JumiaPay as a payment partner, making it more convenient for Trove’s
customers to fund their investment accounts without the need to leave the Trove app or log into
another platform.
Customers can now enjoy a seamless investment experience with just a few clicks. Trove’s
integration with JumiaPay also allows customers to set up recurring investments, giving them
more control over their investment journey.
Speaking on the partnership, the CEO of Trove, Oluwatomi Solanke, said, “We are excited to
partner with JumiaPay to simplify the investment funding process for our customers. We believe
that our collaboration will enable us to provide our customers with a more convenient, secure and
seamless experience while investing on our platform.”
The partnership is a significant milestone for both companies as it allows Trove to leverage
JumiaPay’s vast customer base for added visibility, while JumiaPay expands its services to
include investment funding, which is a critical area for Nigerians who are looking to build their
wealth through investment. JumiaPay customers would also be able to interact with the Trove

ecosystem right from the JumiaPay platform. A boost for Trove’s online reach and also value for JumiaPay users. “At JumiaPay, our vision is to make payments easier, faster, and more secure for everyone. We are excited to partner with Trove to enable Nigerians to invest seamlessly. This collaboration further demonstrates our commitment to providing a complete financial ecosystem to our customers,” said Adedamola Giwa, Managing Director, JumiaPay Nigeria. With this partnership, Trove is further cementing its position as a leader in the Nigerian investment industry, providing an easy-to-use platform that is accessible to everyone.