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Trove Technologies Limited

Trove Technologies Limited

Trove is a social investing platform and mobile/web application that allows users to invest in fractional stocks, bonds, ETFs, and more. It serves clients in Nigeria and internationally, enabling users to connect with other investors, learn from their strategies, and make informed decisions as a community. The platform provides brokerage and investment advisory services through its different entities and partners in both Nigeria and the United States.
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Description

Trove is a social investing platform that allows users to invest in a diversified portfolio of fractional stocks, bonds, mutual funds, ETFs, and treasury bills. The platform serves customers both in Nigeria and internationally, emphasizing a community-driven approach where users can connect with friends and influencers, share investment strategies, and emulate successful investors. For customers outside Nigeria, investment accounts are offered by Trove Investment Advisers, LLC, an SEC-registered investment adviser, with brokerage services and custody provided by Alpaca Securities LLC. For customers in Nigeria, accounts are managed by Trove Trading Services Ltd., with Nigerian securities provided by Sigma Securities LTD (a member of the Nigerian Stock Exchange) and U.S. investment accounts held by DriveWealth LLC. The platform requires a Bank Verification Number (BVN) for Nigerian users as mandated by local financial authorities.