₦airaland Forum

Xandre:
Yes.

This evening around 6pm

Xandre:
They just sent mails for Verification of Documents

Bridget001:
Notes on Risevest
ABOUT THE COMPANY
Risevest is a digital asset manager that connects Nigerians to dollar denominated investments around the world:
1) Euro.bond
2)US Real Es.tate
3)US Stocks

-Was formerly Cashestate from March 2019 which was only real estate. In November 2019 new options like Eurobond and US stocks were added and relaunched as Risevest.

-Risevest is registered with the Corporate Affairs Commission as Rise Vest Technologies Limited with RC number 1622382 and provide financial services under a Lagos State Cooperative License number LSCS 17080.

-Risevest are also registered investment advisors with the United States of America securities and exchange commission as Rise wealth Advisors with CRD number 306658.
https://adviserinfo.sec.gov/

-Risevest operates in Nigeria and is open to Nigerians anywhere in the world that have BVN.

-Here is their latest stocks performance https://rise.capital/blog/stocks/performance-update-oct-2020/

INTEREST RATES OFFERED
1) EURO.BOND: 10-12% p.a.ROI(Return Of Investment)

2) US REAL ESTA.TE: 13-15% p.a.

3) US STO.CKS: 12-14% p.a. ROI. Last year record.ed 27% .
Made up of 20+ high growth sto.cks. You don't need a dom account for it. You can fund in dollars or naira which becomes dollars on the app.
-You can also withdraw in naira or dollars.

-You can invest for 3, 6 or 12mon.ths and rollover to com.pound your interest.
-Minimum investment is $10 and you can top up your inves.tments at any time.

FEES
1)Management Fees:
No fees on investment with returns below 10%.
1.5% on investment with returns between 10% and 15%.
2% on investment with returns above 15%.
The management fee is charged annually after your investment matures not before.
2) Withdrawal Fees
-NGN 35 transfer fee charged for withdrawals into bank accounts.
-And 5% withdrawal penalty fee charged on all withdrawals made from a locked (yet to mature) plan.

3) Transaction Fees
- No transaction fee if you transfer to your Risevest unique Providus Bank Account on the app.
-Card Payments:
NGN Cards: From 1.4% to (1.5% + NGN 100) per transaction and capped at NGN 2000.
USD Cards: From 2.9% to (3.9% + NGN100) per transaction.

ACCESS/INVESTMENT CHANNELS
Risevest is available on Android and iOS.

SUSTAINABILITY
Risevest seems sustainable having been in business for 1+years and having successfully completed two accelerator programs; LABS powered by ARM in Lagos, and Techstars & Western Union accelerator in Denver, USA.

KEY EXECUTIVES
-About Risevest--https://rise.capital/about-us
- Eke Urum: Founder and CEO,
https://www.linkedin.com/mwlite/in/ekeurum
-Bosun Olanrewaju: Co-founder and CTO,
https://www.linkedin.com/mwlite/in/bosunolanrewaju
-Tony Odiba: Co-founder and Data Analytics,
https://www.linkedin.com/mwlite/in/odiba-anthony

-Eke Urum was the cofounder of Buycoins

COMPANY FAQ
http://help.rise.capital/en/

INSURANCE
-Risevest claims that "as an investment firm, your investment are insured by the US government for up to $500,000 and all other investments are held by our SEC registered trustees to ensure security and safety. With our cooperative license with the Lagos state government, your investment with us is recorded and audited by the state. In the event of a liquidation the users account is credited with their investment."
Insurance is via https://alpaca.markets an SIPC insured broker.

LIMITATIONS
-- You can liquidate your investment at any time but doing so before maturity may cost you 5% penalty fee.
-- You can't select individual stocks, they do it for you.

SECURITY AND REGULATION
Their SEC registered trustees, ARM Holdings Limited monitors and maintains investments to ensure peace of mind for users and guarantee the integrity of assets and investment process. App features PCI-DSS (bank level) security to protect investments from unauthorized access.

SUMMARY
-Pros
-- It seems to belong to a stable company that has been running business for a while.
-- The owners are visible online and can be contacted and held accountable if Risevest has hiccups.
-- Safety from naira devaluation because of the dollar investment opportunities.
-- Telegram group where investors get to interact with one another and the admins including the CEO. Financial edu.cation is also shared there.
-- Monthly investors' zoom meeting.
-- You can liquidate your investment at any time.
-- This looks like a low to high risk investment, considering the range of assets that someone can invest in.
-- Diversification: Ability to invest in Euro.bond, US real estate and stoc.ks.

Cons
-- Only available on Android and iOS. Not on web yet.
-- Withdrawal takes 3 to 5 working days before it lands in your account because investments are in US and have to go through a process.

Happy Investing!

If you want to invest with Risevest kindly use my referr.al code: MISF3KC8

enigmatique:
Thank you very much for this Bridget001. However, I found something rather unsettling when I checked adviserinfo.sec.gov to see Risevest's registration, and it can be seen in the screenshot below. You, and anyone else, can visit the link in the address bar of my screenshot to confirm this yourselves. If 2-3 of you also confirm it, then we have a question to ask Risevest.

Vasgas:
Abi ooo
but to some it small oo

Bridget001:
Notes on Risevest
ABOUT THE COMPANY
Risevest is a digital asset manager that connects Nigerians to dollar denominated investments around the world:
1) Euro.bond
2)US Real Es.tate
3)US Stocks

-Was formerly Cashestate from March 2019 which was only real estate. In November 2019 new options like Eurobond and US stocks were added and relaunched as Risevest.

-Risevest is registered with the Corporate Affairs Commission as Rise Vest Technologies Limited with RC number 1622382 and provide financial services under a Lagos State Cooperative License number LSCS 17080.

-Risevest are also registered investment advisors with the United States of America securities and exchange commission as Rise wealth Advisors with CRD number 306658.
https://adviserinfo.sec.gov/

-Risevest operates in Nigeria and is open to Nigerians anywhere in the world that have BVN.

-Here is their latest stocks performance https://rise.capital/blog/stocks/performance-update-oct-2020/

INTEREST RATES OFFERED
1) EURO.BOND: 10-12% p.a.ROI(Return Of Investment)

2) US REAL ESTA.TE: 13-15% p.a.

3) US STO.CKS: 12-14% p.a. ROI. Last year record.ed 27% .
Made up of 20+ high growth sto.cks. You don't need a dom account for it. You can fund in dollars or naira which becomes dollars on the app.
-You can also withdraw in naira or dollars.

-You can invest for 3, 6 or 12mon.ths and rollover to com.pound your interest.
-Minimum investment is $10 and you can top up your inves.tments at any time.

FEES
1)Management Fees:
No fees on investment with returns below 10%.
1.5% on investment with returns between 10% and 15%.
2% on investment with returns above 15%.
The management fee is charged annually after your investment matures not before.
2) Withdrawal Fees
-NGN 35 transfer fee charged for withdrawals into bank accounts.
-And 5% withdrawal penalty fee charged on all withdrawals made from a locked (yet to mature) plan.

3) Transaction Fees
- No transaction fee if you transfer to your Risevest unique Providus Bank Account on the app.
-Card Payments:
NGN Cards: From 1.4% to (1.5% + NGN 100) per transaction and capped at NGN 2000.
USD Cards: From 2.9% to (3.9% + NGN100) per transaction.

ACCESS/INVESTMENT CHANNELS
Risevest is available on Android and iOS.

SUSTAINABILITY
Risevest seems sustainable having been in business for 1+years and having successfully completed two accelerator programs; LABS powered by ARM in Lagos, and Techstars & Western Union accelerator in Denver, USA.

KEY EXECUTIVES
-About Risevest--https://rise.capital/about-us
- Eke Urum: Founder and CEO,
https://www.linkedin.com/mwlite/in/ekeurum
-Bosun Olanrewaju: Co-founder and CTO,
https://www.linkedin.com/mwlite/in/bosunolanrewaju
-Tony Odiba: Co-founder and Data Analytics,
https://www.linkedin.com/mwlite/in/odiba-anthony

-Eke Urum was the cofounder of Buycoins

COMPANY FAQ
http://help.rise.capital/en/

INSURANCE
-Risevest claims that "as an investment firm, your investment are insured by the US government for up to $500,000 and all other investments are held by our SEC registered trustees to ensure security and safety. With our cooperative license with the Lagos state government, your investment with us is recorded and audited by the state. In the event of a liquidation the users account is credited with their investment."
Insurance is via https://alpaca.markets an SIPC insured broker.

LIMITATIONS
-- You can liquidate your investment at any time but doing so before maturity may cost you 5% penalty fee.
-- You can't select individual stocks, they do it for you.

SECURITY AND REGULATION
Their SEC registered trustees, ARM Holdings Limited monitors and maintains investments to ensure peace of mind for users and guarantee the integrity of assets and investment process. App features PCI-DSS (bank level) security to protect investments from unauthorized access.

SUMMARY
-Pros
-- It seems to belong to a stable company that has been running business for a while.
-- The owners are visible online and can be contacted and held accountable if Risevest has hiccups.
-- Safety from naira devaluation because of the dollar investment opportunities.
-- Telegram group where investors get to interact with one another and the admins including the CEO. Financial edu.cation is also shared there.
-- Monthly investors' zoom meeting.
-- You can liquidate your investment at any time.
-- This looks like a low to high risk investment, considering the range of assets that someone can invest in.
-- Diversification: Ability to invest in Euro.bond, US real estate and stoc.ks.

Cons
-- Only available on Android and iOS. Not on web yet.
-- Withdrawal takes 3 to 5 working days before it lands in your account because investments are in US and have to go through a process.

Happy Investing!

If you want to invest with Risevest kindly use my referr.al code: MISF3KC8

enigmatique:
Ah I'm just seeing this. This is brilliant work @ Bridget001! You have done very well. This is very interesting.

(PS: can you add links/references for info like their insurance cover and their registration with the CRD in the USA? Thanks.

phorllytony:
Weldon bro, I wish to be part of the group, I don't know if you can help me out with it.

Opzyyy:
I have always wanted to invest with risevest but there fees are high and so unnecessary. Asides that the dollar rate is parallel market, it is not supposed to be, doesn't make sense. What if naira drops again tomorrow, you would have lost more than you should have gained.

spiceeamiee:
Yes they do. Fortunately I haven't invested. I have also moved my funds out of quintessential. Waiting for my contract with Addy to round up. Done with Forex companies.

smado:
Temporary or Permanent please?

spendoon:
Oh my mistake tnx by the way
But miss\mrs aheg i get another question, can i use voters card for verification ?
because i lost my account and money last time due to the verification matter.

benedictuyi:
Weldone