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Zedcrest unveils digital wealth management subsidiary

Zedcrest today announces the launch of a wholly-owned subsidiary and new Investment/Asset Management firm aimed at digitally democratizing investment in Africa.

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Zedcrest unveils digital wealth management subsidiary

New-age financial solutions powerhouse, Zedcrest Capital Limited today (20:02:2020) announces the launch of a wholly-owned subsidiary and new Investment/Asset Management firm aimed at digitally democratizing investment in Africa.

The new company, Zedcrest Investment Managers (“ZIMVEST”) will introduce digital private wealth and investment management, help clients grow wealth by beating inflation and currency risks through multicurrency investments, through best in class paperless processes

According to the Founder & Group CEO of the Zedcrest Group, Saheed Adedayo Amzat, CFA, “ZIMVEST’s differentiating factor will come from the renowned expertise of the Zedcrest group in the global financial markets. This is evidenced by the leadership position of its global markets business, Zedcap Partners which bagged the 2019 best brokerage service award of FMDQ OTC.  The Group also has a wide distribution experience garnered from setting up another subsidiary, Zedvance, a top-three consumer lender in Nigeria.

The Chairman of Zedcrest Group and former managing partner of Ernst & Young, Adebisi Sanda said: “The launch of the Asset Management business ties in nicely with our plan to dominate every important vertical of Financial services: our four pillars of global markets, investment management, lending and payments.

“Despite some growth in the last decade, capital formation in Nigeria is still relatively low compared to our frontier/emerging market peers. The total AUM of the contributory pension scheme, at 10 trillion is just under 10% of GDP compared to South Africa at 63% of GDP. The non-pension AUM at about 1.2 trillion is very low and represents a clear growth opportunity, one which we are going after.”

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Gbenga Adigun, the newly hired head of Asset Management who left his posh job at one of the country’s top three asset management firm, believes ZIMVEST would leverage on the Group’s remarkable capacities and capabilities to launch the firm into the top five players in 5 years.

“I am delighted at the focus and vision I met on ground at Zedcrest Group and excited at the unique opportunity we have to create tremendous impact. In the coming months, we will be unveiling new well-thought-through products to meet the investment needs of the public. We would have propositions for the salaried employees, entrepreneurs, HNIs, corporates, governments and family offices,” Adigun said.

He also showered glowing praises on the Management of the Securities and Exchange Commission (SEC), for the support in granting the operational license in record time.

[READ MORE: SEC raises alarm over investors apathy to Direct Cash Settlement]

With the current thrust of the Central Bank of Nigeria (CBN) to drive inclusive growth in the economy, returns have fallen tremendously as fund managers have been locked out of the Juicy Open Market Operation market, in favour of foreign investors who bring the much needed foreign currency inflows. Most fund managers are expected to have negative real returns in 2020, a situation Zedcrest attributes to the unusual dependence on risk-free government securities investments.

A recent guideline from the CBN elongates the available CBN futures yield curve to 5 years from 12 months. The management of Zimvest believes this is to encourage foreign direct investment in critical sectors of the real economy and would significantly give Nigeria a growth lifeline.

“The Nigerian rising narrative is about to be rekindled and we believe this is the best time for us to be setting up. We have a clear opportunity to bring alternative investments products to the market and reduce the focus on government securities. We would be creating products for underlying investments in infrastructure and the agricultural value chain,” noted Stella Duru, another Zedcrest Director.

About Zimvest

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Zedcrest Investment Managers (ZIMVEST) is a subsidiary of Zedcrest Capital Limited and is duly licensed by the Securities & Exchange Commission (SEC) as a Funds/Portfolio Manager. The company is committed to growing wealth for its esteemed clients. Products are designed to offer inflation and currency protection, risk management and sustainable growth.

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For more information, please call: 09040001010

Email: [email protected]

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NM Partners represent articles published in paid partnerships with corporate organisations. They include press releases, targeted content, and other forms of corporate communications on behalf of our Paid Partners.

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Blockvila launches the world’s first profit sharing and cashback P2P crypto exchange

Blockvila P2P is a peer-to-peer marketplace where you can trade your cryptos safely in exchange for your local currency.

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Blockvila, a global cryptocurrency exchange, has just launched a new service – Blockvila P2P.

Blockvila P2P is a peer-to-peer marketplace where you can trade your cryptos safely in exchange for your local currency.

Security is assured because Blockvila P2P safeguards every transaction with its escrow system thus giving its users peace of mind.

How this works is that once a buyer places an order, the seller’s coins will automatically be transferred from the seller’s wallet to Blockvila P2P escrow.

It will be held there till the transaction is completed and then the coins are released.

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Why Trade With Blockvila P2P?

1. Cashback Bonus: You will be paid back 18% of your transaction fees every 3 months for 5 quarters. That is to say that in 15 months, you would have gotten back about 90% of your transaction fees.

2. Leaders Benefits: A leader on Blockvila P2P is one who emerges among the top 5 highest traders or referrers for each quarter (every 3 months). So at the end of every 3 months, Blockvila P2P shares 20% of the transaction fees paid with the leaders.

3. Referral Bonus: The Referral bonus on Blockvila P2P is a different ball game altogether.

Here, you get to earn 20% of your referral’s transaction fees for every completed trade.

4. Wallet services: For all the supported coins (VILA, BTC, USDT, ETH), the platform provides wallet for each of them.

So you don’t need to worry about sending your coins to an external wallet. More like a one-stop shop for you!

5. Swapping: You can swap any of the supported coins for another on the platform. For example, you can swap BTC for VILA, ETH for USDT, etc.

6. Low Fees: On Blockvila P2P, the trading fee is 0.6% which is cheaper than most P2P exchanges.

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And not just that….. You get to earn back almost all the fees as Cashback Bonus.

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Now that’s more like not paying any fees at all!

7. Instant Funding: Once the buyer funds the seller’s account and it’s confirmed, we release the coins held in escrow to the buyer’s wallet instantly; no stories.

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8. Sound Compliance: Our team includes experienced and professional compliance team that ensures high levels of Know Your Customer (KYC) and Anti-money Laundering (AML) review.

9. Increased Security: On Blockvila P2P, users’ security is our utmost priority.

Our platform incorporates multiple layers of protection, using the most reliable and effective technologies.

Again, all communications between our servers and clients (browsers, phones, etc.) are encrypted and the wallets where we store coins are kept offline on both hot and cold storage 24/7.

10. Tested and Trusted: With over 4 years of experience in the crypto sphere (in Cryptotrading, Mining, and now P2P), we can say nobody does it better than us. Our specialty lies in ensuring the safety and satisfaction of our customers.

Sign up NOW to start trading and earning!

 

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About Blockvila

Is a liability company that is registered with the CAC of Nigeria as Blockvila Tech Solutions LTD (RC 1738897).

It started off as a broker exchange in 2016 but now offers more services.

Blockvila launched its own coin – VILA in 2020 and in that same year, it began offering Bitcoin mining services.

Blockvila’s sole mission is to provide a safe marketplace and a conducive trading environment for its users.

Contact Blockvila

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The Payday Revolution is here

Register to attend the launch event and experience Fidelity Pay Yourself.

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Now you can pay yourself!

Come and experience this USSD based service which allows you to pay yourself as Fidelity Bank will be hosting a live virtual launch to unveil it.

Register to attend the launch event and experience Fidelity Pay Yourself. See details below:

Date: Friday, 29 January 2021
Time: 10AM
Registration link: https://www.fidelitybank.ng/pay-yourself/

You definitely don’t want to miss it.

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Crowdyvest celebrates one year of connecting sponsors to impact-driven opportunities

Launches Dollar Savings Feature…

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 Crowdyvest Limited, Nigeria’s foremost fintech platform which connects people to impact-driven opportunities, is today celebrating one year of impacting lives and impactful growth in line with the UN Sustainable Development Goals.

Crowdyvest is a registered cooperative society with an impact-driven tech platform that creates financial solutions for a community of individuals and organizations that are committed to long-term growth and financial freedom in alignment with the 17 Sustainable Development Goals. Established in 2019, the company was borne out of the need to create opportunities for individuals to save and fund profitable projects, and also provide access to finance for credible businesses in various sectors of the economy. The company currently works with different impact partners that operate within the agricultural sector (Farmcrowdy, Greenhills Cassava Farmstead, Rice Afrika), transportation sector (Plentywaka), Real estate (Rent Small Small, Habitat Trust Limited) and Healthcare (Crenov8).

Temitope Omotolani, Managing Director and Co-Founder of Crowdyvest says that “we are excited about the community we have created so far and the interdependence between our savers, sponsors and impact partners working together to collectively achieve their individual goals, and more importantly contributing towards the achievement of the 17 SDGs. The last 365 days have been a dream come true. However, the reward for good work is more work and we hope to have more people join our community as we build together the future we all desire for our nation and the generations to come”.

Since inception, the company has successfully raised funds for 24 projects, worked with nine (9) impact partners, and impacted four (4) sectors of the economy across 17 states. Crowdyvest app has over 85,000 users in her community and also comes with features such as Saving, which gives you multiple savings options with our Vault, Pace and Flex savings plans, Naira-dollars savings, project and pooled sponsorships and many more.

Join a Crowdyvest Tribe today and watch out for our Flash sales this Friday

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For additional information on Crowdyvest or interview requests with the Managing Director, Tope Omotolani, contact Tony [email protected].

About Crowdyvest

Crowdyvest is an impact-driven tech company that creates financial solutions for a community of individuals and organizations that are committed to long-term growth and financial freedom in alignment with the 17 Sustainable Development Goals. Our mission is to provide all-in-one financial solutions for individuals and businesses to achieve short or long term goals while facilitation impactful growth in line with the UN Sustainable Development Goals.

Our Vision is to be the leading impact-focused financial solution driven by digital technology with a community of over 5 million members by 2025. We are committed to introducing you to the smarter way to get your money working for you. To learn more, please visit https://www.crowdyvest.com/ or follow Crowdyvest on Twitter, @Crowdyvestng, Instagram, @Crowdyvestng, and LinkedIn @Crowdyvest

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