Six Distinguishing Features of SFS Fund Mobile App – TechEconomy.ng
SFS Financial Services Group consisting of two companies, called SFS Financial Services Limited (“SFS Financial”) and SFS Capital Nigeria Limited (“SFS Capital”) has expressed interest in harnessing Nigeria’s growing Internet subscriptions to further grow its customer base.
With over 60% of the Nigerian population made up of young people who primarily use their mobile phones, the SFS Fund mobile app will even democratize investing for young people.
SFS Financial is licensed by the Securities & Exchange Commission (“SEC”) as an issuer, while SFS Capital is licensed as a fund/portfolio manager.
SFS Group is the product of a management buyout of Skye Financial Services Limited, which operated as the investment banking and investment management subsidiary of Skye Bank Plc.
The change began following the mandate of the Central Bank of Nigeria ordering all Nigerian banks to sell their non-banking subsidiaries. Skye Bank Plc has offered its 100% stake in Skye Financial Services Limited to interested investors.
After a careful and transparent process, the divestiture ultimately resulted in the sale of Skye Financial Services Limited to an entity formed by its existing management.
Today, SFS Capital is a leading Nigerian non-banking financial institution.
The launch of the SFS Fund Mobile App is in commemoration of the National Finance Awareness Day which arrives on the 14the of August as a day dedicated to helping individuals develop financial principles and practices that can build a strong financial future.
The SFS Fund Mobile App offers a simple and responsive design, easy navigation, and features to deliver secure and seamless transactions to existing and new users.
“SFS Capital is constantly pushing the boundaries of what is possible when it comes to investing. SFS Funds Mobile App is the product of a decade of learning how to use fintech to improve investment drivers and promote ease of investing,” Patrick Ilodianyamanaging 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 dividends to investors on a quarterly basis and maintains an “AA+” rating, which is the 2nd highest possible rating for a mutual fund. investment and offers a competitive return. on investment without pre-termination fees.
“The SFS Funds Mobile App is designed for people looking for a reliable, secure and simple platform for high yield investments. Interested mutual fund investors can download the app and easily start their investment journey from anywhere,” said Dimeji Sonowo, Executive Director of SFS Capital.
Besides selling trust and experience, here are six main reasons to download the SFS Fund mobile app:
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 and 48 hours
2. Interest rate:
Since inception, SFS Fund has consistently outperformed its peers and benchmark. For added transparency, interest rates are updated daily and visible on your dashboard each time you open the app.
SFS Fund under SFS Capital is 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.
The SFS Fund mobile app is easy to navigate. We have also made available several investment channels in the app. In addition to the debit card (Visa or Mastercard), USSD or bank transfer functionalities, you can now generate a dedicated virtual account which 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 is immediately reflected in 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 in 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 any deductions not authorized by you and you receive notification each time a deduction is made.
Users who refer others with a unique referral code receive NGN 1,000 once the referred party signs up and makes an investment.
SFS Capital Nigeria Limited (“SFS Capital”) is a leading Nigerian non-banking financial institution established in May 2011. SFS Capital is the asset management arm of SFS Group.
The company is duly registered as a portfolio/fund manager and investment adviser with the Securities and Exchange Commission (“SEC”).