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Refer a Friend, Earn $5 — They Get a Free Stock: Daba's Referral Rewards, Explained

3 min Read September 10, 2026 at 12:44 PM UTC

Daba finance invest in Africa

The best investment communities grow the same way the best investments do: one good decision, shared. That’s the idea behind Daba Referral Rewards — for a limited time, every friend you bring to Daba can earn you $5 in cash, and earn them a free stock to start their portfolio.

Here’s exactly how it works, in three steps.

Step 1: Refer a Friend

Open the Daba app and go to Referrals and Rewards. Share your personal referral code or referral link with a friend, colleague, or relative — anyone you think should finally start investing in African markets. The only rule that matters here: they must sign up using your code or link. No code at sign-up, no reward — so make sure it’s the first thing you tell them.

Step 2: Your Friend Invests $100 or More

Once they’ve created and verified their account, your friend invests at least 100 USD (or the equivalent in another currency) in qualifying stocks or IPOs — and this is the part to underline — within one week of opening their account.

One hundred dollars is all it takes: a position in a BRVM or NGX company, or a subscription to an eligible IPO. The one-week window keeps things simple: refer people who are ready to start, and help them take their first step while the motivation is fresh.

Step 3: You Get $5. They Get a Free Stock.

The moment your friend’s qualifying investment clears, both sides win:

  • You receive 5 USD in your investable cash balance — real money you can invest right away, or swap into any other currency on the platform.
  • Your friend receives a randomly selected free stock — an instant start to their portfolio, on top of the investment they just made.

There’s no cap in the app on how many friends you can refer during the program window — each qualifying referral earns another $5.

Why We Built It This Way

Most referral programs reward one side and forget the other. We designed ours so that the person taking their first step gets rewarded too — because a free stock in the hands of a first-time investor isn’t a gimmick, it’s a lesson: this is what owning a piece of a company feels like. And $5 in your investable balance isn’t a coupon — it’s capital.

Start Now — the Clock Is Running

The window closes September 30. Open the app, tap Referrals and Rewards, grab your code, and send it to the one person who keeps saying they’ll start investing “someday.”

Someday is now. (It’s literally what Daba means.)

Download Daba Daba on Web

The Fine Print (Read This Part)

Program window: The referral rewards program runs for one month and closes on September 30, 2026. It may be extended beyond that date at Daba’s discretion, subject to business decision — watch app for updates.

Qualifying investment: Your friend’s investment of $100+ (or equivalent) must be in qualifying stocks or IPOs, made within one week of account opening, through an account created with your referral code or link.

Reward delivery: The $5 reward is credited to your investable cash balance; your friend’s free stock is randomly selected and credited to their account.

Subject to change: The reward scheme — including reward amounts, eligibility conditions, and program duration — may be modified or withdrawn at any time. The terms in effect at the time of your friend’s qualifying investment apply.

Referral rewards are available to eligible customers and subject to Daba’s referral program terms and conditions. Capital at risk. Investing involves risk, including possible loss of principal. Nothing in this program constitutes investment advice.

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