An investment mobile application (app), I-Invest, which allows users to purchase Treasury Bills (T-Bills) directly from their smartphones, has recorded more than 70,000 downloads on Apple App Store and Google Play Store in less than 10 months of its entry into the market.
The app, developed by a Pan-African inter-brokerage services firm, Parthian Partners in partnership with Sterling Bank Plc, is supported on both Android and iOS platforms and aimed at encouraging users to build a savings and investment culture. Developers of the app claim the app “provides equal opportunities for working-class or retiring people and pensioners as well as experienced and institutional investors to save money and improve their money market portfolios through T-bills,” according to the Vanguard.
According to a report issued by the firms, the app is for all investors regardless of status or category.
