Bridget001:


I heard that T-E-E-L currently has some issues. Is it true?

Bridget001:
Update:
https://adviserinfo.sec.gov/ for the CRD number

Insurance is via https://alpaca.markets an SIPC insured broker.

@ enigmatique

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.

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

Narnah:


Yes, currently waiting on Feb 1st for payout according to them, I hope they come through.

Whiteshield:


They won't. Your money is gone, move on. With ponzi schemes, you always lose.

emmaodet:


Pls how can i contact you about goatmeathq issue, thanks

spiceeamiee:
Hi.. please send me a PM.

emmaodet:


Have sent you a pm

shanny001:

Kindly tell us more about this MMF

DaBogu:
For now just invest in Money Market fund (MMF) this agritech space is no longer condusive. Sorry for the late reply.

BianuBianu:

What of Crowdyvest, Piggyvest and Requid

Bridget001:
ARM officially announced its partnership with Risevest, check the screenshot below.

If you decide to register with Risevest kindly use my referral code MISF3KC8

Ficco:
Risevest evaluation sounds so good. If you have invested, kindly share more experiences and your ROIs.
Or do I stay put quietly with my Agrictech investments?

iammarvellux:
Universal Investment
Category A
Range ₦500k - ₦1m
Interest 15% per annum
Investment duration 2 years
8 Quarterly payments (every 3 months).

FOR INVESTMENT OF N500K
15% x 500,000
= ₦75,000 Interest per annum
For 2 years= 75,000 x 2 = 150,000

500,000 (capital) + 150,000 (Interest for 2 years)
= 650,000 ÷ 8 quarters
= *₦81,250 quarterly* (every 3 months for 2 years)


Then FOR N1M

15% x 1,000,000
= 150,000 Interest per annum
For 2 years ° 150,000 x 2 = 300,000

₦1m (capital) + 300,000 (Interest for 2 years)
= ₦1,300,000 ÷ 8 quarters
= *₦162,500 quarterly* (every 3 months for 2 years)

Why not get STARTED TODAY..Call or WhatsApp 2348038781738.

Ameboperoo:

Another one

iammarvellux:



It's 100% SECURED AND GUARANTEED

Ameboperoo:

Lórí iro

iammarvellux:


Customers already cashing out of it,...sorry you came late.

Ameboperoo:

Bridget001:
Yes, I noticed that.
Although Eke Urum stated on the telegram group that
"...we have to complete some filings and update our disclosures on the website. Trust me if you think Nigerian regulations are serious, US is a different beast."

Phraences:
So it seems Payvest By Covest that was flagged here at the early stages of this thread also has payment issues. I remember being sceptical when I saw their office was based in Port Harcourt (home of ponzi). It's good to listen to your instincts and not let love of money cloud your judgement.

Apart from side businesses and enterpreneuship, the best way to make money is compound interest.

For naira investments, I go with Piggyvest and Carbon.

For dollar investments I stick with Risevest anyday. If interested my referal ID is 52OD265G.

It's so funny that some interest rates will look small to you in comparison to rates offered by other companies until you lose money then you realize how precious every naira is.

Some of the funds lost might take a whole years salary to recoup...

Be wise.

Frezhkid10:
how does this rise referral work??..someone used my code to register and deposited money..but on my referral dashboard it doesn't look like someone used my code..