Preliminary

Digital financial institutions have gained popularity and become used by a number of people in recent times.

They are mainly banks and other financial services which can be used to do as basic as saving and funds transfer to investment in both national and international markets.

One of the major reason for their widespread acceptance and popularity is because of their zero to low funds/bills transfer or payment, and also their high ROI when compared to the regular banks.

They also do not have physical offices where they operate. Everything is entirely online and is done via their mobile application. They also have customer care service for communication.

Digital banks & platforms includes but not limited to the following, and they can all be download on the Google Playstore I-invest, Branch, Piggybank, Trove, Bamboo, Risevest, Cowyrise, etc

I'll discuss 3 which i use.

1. I-invest
i) Saving plan- earn 10% pa
ii) Life Insurance- Term Life Plus (Tangerine Life): Premium of #25,250 for minimum cover amount of #500,000 and #239,400 for maximum cover amount of #5,000,000
iii) Fixed Deposit Note-

Penmoney Fixed Term Note, 3/May/2023, (#200,000 Minimum) 14% pa

Renmoney Fixed Term Note- 29/March/2023- 13% pa (#200,000 minimun)

Commercial papers (Eunisell CP 19/March/2023- 10.82%


2. BRANCH

i) Flexi Investment- Earn 15% pa (Capital can be withdrawed at anytime). ROI is paid on weekly basis

ii) Fixed Investment- Earn 20% pa (Non withdrawable capital till investment maturity)


3. PIGGYBANK

i) Saving- Earn 7, 8, 9, 10, or 13% on various kinds of savings PA

ii) Investify- Earn different percentags from fixed income, real estate, agriculture & transportation.


I'm available to physical demonstrate how these works, assist in setup or managing account.

**Don't be a good student and a bad teacher.**