The app, launched in the second half of last year is aimed at enabling individuals to begin their investment journey with ease.

Some of the features of the SFS Fund Mobile App that have eased acceptance by both new and existing users include an easy-to-use interactive dashboard, as low as NGN 5,000 accepted start-up investment, investments made on the go and are mobile-friendly, enabled direct transfers from users’ banks to their virtual accounts and having third party payments that can be made directly into users’ investment accounts.

“There’s no doubt that investment apps became really popular last year and we are extremely excited about the growth of the SFS Fund Mobile App and how it is playing a role in encouraging more individuals to start their investment journey with Mutual Fund”, Patrick Ilodianya, Managing Director and CEO of SFS Capital, said.

Globally, there has been a rise in the usage of retail investment apps.

The COVID-19 pandemic induced pragmatic investment decisions by individuals coupled with increased accessibility to mobile, enabled more individuals to start investing.

The SFS Fund Mobile App is apt for individuals who need a trustworthy, secure and easy platform for high yield investments in Mutual Funds.

The app is available for download on Android and iOS. Investments made via the app are managed by seasoned investment experts in the Nigerian financial market who ensure that the returns paid to investors range from 11% to 17% per annum.

The Fund has consistently maintained an “AA+” rating which is the 2nd highest possible rating for a Mutual Fund and has a high competitive return on investment and no pre-termination charge.

Investment in Mutual Funds is a proven recipe for wealth creation given the opportunities and flexibility it presents to investors.

“This year we will like to encourage more individuals to make a more decisive move concerning their finances. Investing in Mutual Funds via the SFS Mobile Fund App makes it possible for individuals to begin to build wealth especially in an economy like ours that is characterised with downturns and uncertainties”, Ilodianya added.

The SFS Mobile Fund App is part of SFS Capital’s digitisation narrative as the investment management company builds on the legacy it has as a leading Nigerian non-bank financial institution.

The SFS Fund Mobile app is available for free download on Android and iOS and it has an easy-to-use dashboard that encourages transactions on the go.

The launch of the SFS Fund Mobile app is in commemoration of the National Financial Awareness Day which comes up on the 14^th of August as a day dedicated to assisting individuals develop financial principles and practices that can build a solid financial future.

The SFS Fund Mobile app offers a straightforward and responsive design, easy navigation and features to deliver secure and seamless transactions for existing and new users.

“SFS Capital is consistently moving the boundaries of what is possible in investment. SFS Fund Mobile App is a product of decade of learning to use financial technology to enhance investment factors and promote ease of investment”, Patrick Ilodianya, Managing Director and CEO of SFS Capital, said.

Since the inception of the SFS Fixed Income Fund (SFS Fund) in 2014, SFS Capital has consistently paid out dividends to investors on a quarterly basis and maintains “AA+” rating which is the 2nd highest possible rating for a Mutual Fund and has competitive return on investment with no pre-termination charge.

“The SFS Fund Mobile App is designed for individuals seeking a trustworthy, secure and easy platform for high yield investments. Interested Mutual Fund investors can download the app and easily begin their investment journey from anywhere”, Dimeji Sonowo, the Executive Director SFS Capital, said. 

Some key features of the SFS Fund Mobile App include:

1. Investment and Liquidity: 

With 5,000 Naira, you can start your investment journey on SFS Fund and start earning interest immediately. Withdrawals also take between 24 to 48 hours

2. Interest rate:

Since inception, SFS Fund has consistently outperformed its peers and its benchmark. For transparency, the interest rates are updated daily and visible on your dashboard each time you open the App.

3. Security: 

We are regulated by the Securities and Exchange Commission (SEC). All investments are also held by an independent and highly regulated custodian. All investment decisions are reviewed by an independent trustee.

4. Ease: 

The SFS Fund Mobile App is easy to navigate. We have also made available several investing channels within the App. Asides from the debit card (Visa or Mastercard), USSD or Bank Transfer features, you can now generate a Dedicated Virtual Account that allows you to have a bank account attached to your investment account.

With this, you can easily make a bank transfer to the Dedicated Virtual Account and the value immediately reflects on your SFS Fund account. You can also share this Dedicated Virtual Account Number with a third party to accept payments.

5. Automated investments: 

You can automate your investment on SFS Fund by creating a standing order. This can be daily, weekly, or monthly. You choose the interval, and we honor your request using technology. We do not make deductions that are not authorized by you, and you receive a notification each time a deduction is made.

6. Referrals: 

Users who refer others with a unique referral code get NGN 1,000 once the referred party signs up and makes an investment.

SFS Capital Nigeria Limited (“SFS Capital”) is a leading Nigerian non-bank financial institution established in May 2011. SFS Capital is the asset management division of the SFS Group.

The company is duly registered as a Portfolio/ Fund Manager and Investment Adviser with the Securities and Exchange Commission (“SEC”).