Risevest is said to be one of the best investment apps in Nigeria. It also acts as a digital asset manager for dollars and connects Nigerians to overseas investment opportunities through US stocks, US real estate, and fixed-income products.

Nigeria has several stock investment options available for its citizens. They only provide stock options, which let you purchase and manage stocks independently. But Risevest does things differently as they engage the market on your behalf.

Risevest initially serves as a fund manager, meaning they invest in carefully chosen, high-performing companies on your behalf rather than letting you choose which stocks to buy. Secondly, they have provided three investment products that let you choose your level of risk tolerance and yield respectable returns. You can invest as little as $1 in any of the three asset classes, which are designed to assist you in building a diversified investment portfolio.

Let's look at other important factors needed when discussing Risevest, including account opening.

Areas One Can Invest in Risevest

Fixed Income: A fixed-income investment, such as a Eurobond, pays an estimated 10% interest during the predetermined investment period, which can be 3, 6, or 12 months. It has guaranteed returns, minimal risk, and is set for a certain amount of time. A fixed income is ideal for those who can take very little risk.

Real Estate: Your money can be distributed among several types of highly sought-after commercial real estate by Risevest using this asset class. Due to the possibility of various events, such as a pandemic, affecting rental income, the risk is higher here than with fixed income. But, because real estate values are more stable and do not appreciate or compound as quickly as stocks, the returns are higher than those of fixed income but probably lower than those of stocks. A maximum annual return of 15% is projected for the real estate plan.

Stocks: Stock investing carries the greatest risk compared to fixed income and real estate. When you invest in stocks with Risevest, you can stop worrying about managing your portfolio and knowing when to buy or sell stocks. Stocks have the potential to double your investment in a year, but they also have the potential to decrease in that same year. This asset class is appropriate for you if you have a high tolerance for risk and would like to accumulate a portfolio of excellent companies' stocks.

What to Know Before You Start Investing With Risevest

Risevest management fees are calculated as a percentage of the generated profits. This amounts to 0.5% and 1% of the overall returns and investment. The total Risevest will charge you for the year will be determined by how much we manage and produce for you. To create a virtual account for you, all Risevest needs is your BVN. You can also fund your Risevest wallet by transferring from your mobile banking app to your created virtual account. 

Risevest verifies that the BVN you enter is yours by comparing it to the official database. The company does not access your bank account(s) with it nor save it. Risevest also has a cooperative license, which enables them to make investments on behalf of rising members and disclose holdings to the Lagos State Government, providing security for them. In addition, Risevest holds our investment assets in our US-registered investment advisory entity and collaborates with other regulated third parties, all licensed by the US SEC. 

Withdrawing your funds takes one business day. Your funds are invested in the US, so processing, conversion, and liquidation may take some time. This is why it takes so long. Because Risevest must perform fraud checks on each withdrawal to ensure the money is being taken out of the legitimate owner's account, this procedure also guarantees the security of your money. And remember that if you don't have a verified ID, you cannot withdraw your money.