Eric Asuma resigns as CEO of investment startup Hisa.

26 Apr 2024

Eric Asuma resigns as CEO of investment startup Hisa.

Eric Asuma, who has held the position of CEO at Hisa since its inception in 2020, has recently relinquished his role overseeing the day-to-day operations of the company. This move is aimed at allowing him to concentrate on a fresh entrepreneurial endeavor. In order to concentrate on a new project with Kenyan Wall Street, Asuma, co-founder of investment firm Hisa Inc., has resigned as CEO. For the organization to continue to succeed and to maintain a positive work environment, Asuma believes a change in leadership is required.

Hisa aims to democratize access to the African retail investment sector, ensuring inclusivity. After a beta phase, the company went live in late 2022, with Asuma holding primary ownership of Hisa Technologies. Asuma remains available for assistance and strategic guidance.Asuma affirmed, “I will continue to provide support to the company as needed, but I am stepping back from the operational aspects.” In the immediate term, he will continue his involvement with the Kenyan Wall Street until the details of his new venture with the publication come to light. He elaborated, “Drawing upon the insights I have gained from my time at Kenyan Wall Street, I have been in the process of assembling a strong team over the past few months to establish a new venture with the ambition of becoming the foremost distributor of financial data and a premier news source for Africa’s financial services community.”

To ensure a seamless transition and effective management, Asuma has selected Eric Jackson as his successor at Hisa. Asuma remarked, “In order to facilitate a smooth handover and efficient leadership, we have chosen Eric Jackson as the new CEO of Hisa Inc. Eric possesses the requisite skills and experience to guide the company towards even greater accomplishments.” Since its inception, Hisa has managed to secure approximately $200,000 in funding. The company obtained an undisclosed sum in seed funding from Startup Wise Guys and Startup Wise Guys SaaS Milan. At its peak, its valuation reached approximately $5 million.

Play audio


Share:

Comments

No comments

Add your comment

Search Blog

Recent Posts

MarkHack 4.0 Introduces the First Ever Nigerian MarTech Awards  Nigeria’s first-ever marketing and medi...
How to Use Customer Feedback to Drive Product Innovation In today’s competitive marketplace, listening to c...
How Embedded Finance Is Changing Customer Expectations of Digital Banks Embedded finance is transforming the way consumers...
The Importance of Agile Methodologies for Startup Success In today’s fast-paced business landscape, where...
AI Will Power the Next Wave of Financial Inclusion, Says SANEF’s Uche Uzoebo As progress continues in enhancing financial inc...

Related Post

Meta Rolls Out New Facebook Measures to Suppress Spam and Support Real Creators
Meta has announced a series of new measures aimed at reducing spammy content o...
Logidoo Opens Global Trade Channels for African Businesses with Groupage Shipping
Logidoo, the pan-African logistics platform, has announced an important pivot to...
Lagos Turns Up for PUBG MOBILE Community Event with 1,000+ Attendees
On March 28, 2025, Lagos transformed into the ultimate gaming destination as PUB...
Logo

Accelerating the growth of Africa's tech ecosystem