SFS Capital, a leading investment manager in Nigeria, has announced a significant increase in users’ downloads of their mutual fund investment app, SFS Fund Mobile App.
Launched in the second half of 2020, the app is aimed at making it easy for individuals to start their investment journey.
According to the Managing Director and CEO of SFS Capital, Patrick Ilodianya, the app’s easy-to-use interactive dashboard, low starting investment of NGN 5,000, and mobile-friendly features have contributed to its success.
The app also allows for direct transfers from users’ bank accounts to their virtual accounts and enables third-party payments to be made directly into users’ investment accounts.
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Ilodianya stated that the app’s popularity is not unique to Nigeria, as there has been a global rise in the usage of retail investment apps. The COVID-19 pandemic has led to more pragmatic investment decisions by individuals and increased accessibility to mobile has enabled more individuals to start investing.
The SFS Fund Mobile App is suitable for individuals looking for a trustworthy, secure, and easy platform for high yield investments in Mutual Funds.
The app is available for download on Android and iOS and is managed by seasoned investment experts in the Nigerian financial market. The Fund has consistently maintained an “AA+” rating, the 2nd highest possible rating for a Mutual Fund, and offers a high competitive return on investment with no pre-termination charge.
Ilodianya further added that the SFS Mobile Fund App is part of SFS Capital’s digitization narrative as the investment management company builds on its legacy as a leading Nigerian non-bank financial institution. He encourages more individuals to make a more decisive move concerning their finances and invest in Mutual Funds via the SFS Mobile Fund App to begin building wealth in an economy that is characterized with downturns and uncertainties.