Crowdyvest is an online saving and investment platform that allows you to grow and manage your finance. This review will let you know some certain things about the platform. Perhaps, to let you know if crowdyvest is a legit platform that you can entrust your money in.
As we all know, investing is necessary (if not compulsory) to increase our financial status. Therefore, we need to invest our money in a place that can yield good returns.
There are lots of investment platforms you can choose to invest your money. But not many of them are safe to entrust your money. Crowdyvest is one of the platforms that allow you to get your money working for you.
Investment comes with risk, so you have to be careful each time you want to invest. As a result, I’ll be discussing about crowdyvest in this article to let you know if it’s the right one for you to invest your money.
Now let’s dive straight in.
About Crowdyvest
Crowdyvest is an impact-driven platform that connects its members to multiple sponsorship opportunities.
Formerly, farmcrowdy (agriculture sector) was the only opportunity available for members. But now, users can now invest in different sectors which include agriculture, real estate and transportation. Also, they are planning on expanding to new ones.
Is Crowdyvest Safe?
It’s important to know if an investment platform is safe before investing your money.
Crowdyvest provides insurance cover through diligence with impact partners. This helps cover all activities that’s carried out with capital deem risky.
All measures are put in place to reduce risk and prevent unforeseen loss that may occur. So, you may not have to worry about the money you invest in crowdyvest because there’s an insurance guiding it. However, you should know that they don’t invest in funds directly.
Also, the platform is built with high grade security data encryption and adheres to latest standard of financial security. In addition, they use payment processor that’s PCIDSSS compliant to process your payments. This means that all your transactions are safe with them.
How Crowdyvest Work
The platform let you save and invest your money in different sectors. You can start saving any amount, as little as N100. There’s no limit to the amount you can save. However, the minimum amount you can use to sponsor is N20000.
See how crowdyvest saving and sponsorship works below.
Crowdyvest Savings
The saving platform is the financial plan of setting aside funds towards a goal or in case of emergency.
For instance, you can save for business capital, rent, education, vacation, life goals and the likes. In short, you can save for anything you want.
Whatever you want to save for, you can use the crowdyvest savings to save your money. And one of the good things is that you’ll be earning a decent interest while you’re saving.
See the different type of savings on crowdyvest below.
- Vault
- Pace
- Flex
The vault plan allows you to lock in a fixed amount of money for a number of months. Also, your interest will be paid up front. And you’ll be earning up to 15% interest per annum.
You can set and meet target with recurring deduction of your locked plan starting from 3 months using pace plan.
The flex plan allows you to save and withdraw your money anytime you want. You just have to save and watch your money grow. The interest rate is 12.5% per annum.
Once your savings mature, you’ll be credited into your wallet.
Sponsorship
You can put your money to work by sponsoring various impact-driven projects in a wide range of sectors. You just have to sign up, sponsor and earn returns.
Sponsorship comes with two options.
- Pooled
- Project
Pooled sponsorship allows crowdyvest fund sponsorship opportunities across various sectors on your behalf. You can sponsor with a minimum amount of N20, 000 and earn up to 20% ROI depending on your sponsorship cycle.
Project sponsorship features specific project from different impact partners across different sectors like agriculture, real estate and health.
The return for project sponsorship is fixed. You can be earning up to 40% ROI depending on the duration and market options.
How to Save and Sponsor on Crowdyvest
You can start saving and sponsoring on crowdyvest without stress.
To start saving, you’ll have to create a saving plan. After that, click on save on the homepage, click on “create a plan”, name your plan and input the amount. In addition you can fund your account on your wallet balance or via your debit card.
Follow the step below to start investing on crowdyvest.
- Firstly, download the crowdyvest app from Google play store for android or download for other devices from their store.
- Launch the app, select register, fill the form and verify your email. On the other hand, you can sign up with your facebook or google account.
- Once you’ve signed up, you can login to your account and visit sponsorship on your dashboard.
- Select the plan you want (pooled or project).
- After that, choose how much and how long you want to sponsor with. You can choose between 4 – 24 months.
- You can then proceed to checkout and choose from the payment options.
Once your transaction was successful, your plan will be updated. Also, you’ll be able to monitor your activities to maturity.
Likewise, they’ll credit your capital and ROI to your wallet at the maturity of your plan.
Why Choose Crowdyvest
Here are some of the reasons why you would want to save and invest your money in crowdyvest.
Good Customer Support
One of the things you should consider before investing in an online investment platform is the support they offer. Crowdyvest offers a reliable customer service to its users.
You can always reach out to them via email or phone call ([email protected] or +2349099999830). Also, you can chat with them via the in-app chat. Just click on the blue message icon to chat with an agent.
Security
Crowdyvest uses high grade security to protect its user’s account. This means that your card details are safe.
In addition, they use two factor authentication systems to enable complete access to all functions from your account.
Crowdyvest FAQs
Here are answers to some of the questions people ask most about crowdyvest investment platform.
Is Crowdyvest Legit?
Yes, crowdyvest is a legit platform. You can start investing your money in the platform to earn good ROI.
What are Free Withdrawal Dates?
You can withdraw without any charges on the last day in February, April, June, August, October and December.
You can withdraw a minimum of N1000. But If you choose to withdraw on any other days apart from the free days, they’ll charge you 2%.
How Much Do I Need to Start Sponsoring?
The minimum amount you need to start sponsoring in the platform is N20000 on any plan. And you can go as high as you would like.
Conclusion
If you would like to invest your money and get the best possible returns, I’ll recommend crowdyvest. They are one of the best investment platforms out there.
On the off chance that there is an unforeseen circumstance of loss, there’s an insurance cover. The platform provides insurance cover through due diligence with impact partners.
I hope you found this crowdyvest review helpful.
If you need to ask a question, make use of the comment box below.
Also Read
Learn how you can invest in dollars.
The 2% charge on withdrawals , is it on the interest accrued or on the principal sum invested ?
You’ll be charged 2% on your total balance.
Guy this is not a review, it is a paid sponsorship. A review must be independent but yours is not. People should be careful of any of these online investment platforms. They may look noble outwardly but many of them have promoters with criminal intents or reckless financial indiscipline that will finally plunder people’s live savings!
Only time will tell.
@Joseph. This might seems like a promotion but actually, it’s not a paid sponsorship.
Yes, people should be careful of online investment platforms.
If you think crowdyvest is not worthwhile or notice something fishy about the platform, please let us know. With evidence, actions will be taken on our part.