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Parthian’s i-invest Broadens Offering with Asset-backed Loans

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Nigeria's i-invest platform has launched an upgraded version, integrating investing and borrowing into a single ecosystem.
  • The enhanced platform aims to simplify wealth creation and remove traditional barriers to investment for Nigerians.
  • New features include a personalized user experience, asset-backed loans, and advanced security measures.

Nigeria's leading digital investment platform, i-invest, has unveiled a significantly enhanced experience designed to make investing more intuitive, accessible, and rewarding. The upgraded platform merges investing and borrowing within a single ecosystem, marking a major step in i-invest's evolution into a comprehensive wealth-building solution.

For many people, investing still feels complex, intimidating, or inaccessible. We wanted to change that. The new i-invest experience is designed to make wealth creation simpler, more intuitive, and accessible to more people, regardless of where they are on their financial journey.

— Tobi OlusogaChief Executive Officer of Parthian Technologies, explaining the motivation behind the platform's transformation.

Tobi Olusoga, CEO of Parthian Technologies, stated that the transformation was driven by a desire to remove barriers that have traditionally discouraged many Nigerians from participating in investment opportunities. "For many people, investing still feels complex, intimidating, or inaccessible. We wanted to change that," Olusoga said. "The new i-invest experience is designed to make wealth creation simpler, more intuitive, and accessible to more people, regardless of where they are on their financial journey."

The platform now features a modernized interface allowing users to personalize dashboards, track investments efficiently, discover opportunities, and access tailored market information. Jennifer Omame, Product Lead at i-invest, highlighted the focus on creating a customer-centric experience. "Today's investors expect digital experiences that are intelligent, seamless, and personalized," she said.

Today’s investors expect digital experiences that are intelligent, seamless, and personalized.

— Jennifer OmameProduct Lead at i-invest, discussing the focus of the platform's redesign.

In addition to the redesign, i-invest has introduced asset-backed loans in partnership with i-Monie Microfinance Bank. This allows eligible users to access financing using their investment portfolios as collateral, helping them meet short-term needs without liquidating holdings. Wendy Okam, CEO of i-Monie Microfinance Bank, confirmed that investors can access these loans directly through the i-invest platform, with financing provided by her bank. The platform also boasts enhanced security measures, including PIN authorization, biometric authentication, and advanced infrastructure to protect user data and assets. Kole Kuyoro, CTO of Parthian Technologies, emphasized that trust is central to their innovation. "The future of digital finance depends on trust," he stated.

The future of digital finance depends on trust. As we continue to expand access to investment opportunities, we are equally committed to maintaining the highest standards of security.

— Kole KuyoroChief Technology Officer of Parthian Technologies, on the company's approach to security and trust.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.