A fintech company, Crowdyvest Ltd. has said that it has re-launched its mobile app to promote and build saving and investment culture among Nigerians.
The Chief Executive Officer of Crowdyvest, Tope Omotolani disclosed this in a statement she made recently in Lagos.
Omotolani has assured that this app relaunch will help the company to assist customers to carry out various financial activities that would help them plan their lives and make their financial goals possible through their smartphones and devices.
According to her, the platform has introduced Crowdyvest Yield, which allows investments in short and long term plans, projects and commodity-specific types of offers in different sectors.
“The features will give its members a variety of suitable plans to help build a savings and investment culture based entirely on their capability with product prices as low as N1,000 and returns up to 25 per cent per annum,” she said.
She added that the firm had partnerships with pre-vetted impact partners.
She also noted that Crowdyvest had partnered with UBA Pensions Custodian Ltd and Parthian Security Ltd, to ensure proper fund utilisation, transparency and compliance.
She said that the partnership was to give more comfort to their clients and ensure the safety of funds.
“As we work with organisations in different sectors to power viable and impact-driven projects through the funds we raise from our members, a symbiotic interdependence is created, leading to financial and economic growth for all.
“We believe this partnership is needed to foster growth and create more opportunities for Africa,” she said.
Omotolani noted that Crowdyvest had grown its user base from 50,000 customers to 140,000 customers in eight months, with a cumulative transaction value of more than 35 million dollars.