Technology is fast changing everything in finance, from savings to making payments to trading. FinTech companies in Nigeria are playing a major role in this transformation as they continue building capacities that enhance client relationships, financial inclusion, user experience, reduction of structural costs, facilitation of regulatory compliance, and tackling existing industry challenges such as investments and trading operations.
The i-invest mobile application, an investment application created by Parthian Partners in collaboration with Sterling Bank, is one of the leading platforms providing access for retail investors in Nigeria to access investment opportunities like treasury bills, Eurobonds, and Equities in the Nigerian Capital market.
According to Oluseye Olusoga – the founder and CEO of the Parthian Group, “The i-invest app was initially created as a mobile app to access what you can call the treasury bills market. In 2018, retail investors didn’t have access to high-interest yielding products so, at Parthian Partners, we felt it was an opportunity to allow Nigerians who weren’t institutional investors to gain access to the lucrative space and that was how i-invest was founded. However, i-invest has morphed from an app that allows people to invest in treasury bills with interest rates up to 17% to a financial management app that allows users to save, pay bills and monitor their spending.”