I-invest Records $100 in Transactions in 5 Years

The Chief Operating Officer i-Invest, Tobi Olusoga has disclosed that in five years, the company recorded over $100 million in transactions with over 130,000 trading customers subscribed to their platform.

Olusoga disclosed this on the sidelines at i-invest 5th anniversary mixer in Lagos at the weekend.

i-invest is an investment digital app that provides access to investors to buy equities, fixed deposits, bonds, Treasury Bills and more. It is also a flagship product of Parthians Partners limited.

Olusoga said: “Today we have over 130,000 users on the platform and we have seen we see that number growing. We are seeing active activity day in and day out and the great thing is that obviously over the weekend over the holidays, we see activity and we only expect growth. Transaction value is over $100 million dollars over the five years.”

Furthermore, she noted that the investment community is optimistic with the incoming administration’s economic plans it has forecasted so far.

She added: “The sentiment has been actually quite optimistic. You know, we have had a lot of issues around policy flip flop, but I think generally there is some optimism that there might be some more stability, more opportunity. One of the things that I ve been questioned on over the years is foreign equities, and what’s the stance on all of that? It hasn’t been clear, we haven’t ventured into that space, but we are optimistic that there will be clarity on policy and direction. Also, there is a new startup bill and we feel that the opportunities are great.”

Also, on Foreign Direct Investments (FDI), she added that the international investment community is waiting to see policy directions before they reverse capital flight.