Overview
Wealth.ng is Nigeria’s first investment marketplace that allows users to invest in Bonds, Eurobonds, Stocks, Treasury Bills, Real Estate, and Agriculture. The platform is designed for both beginner and experienced investors, offering a user-friendly interface that simplifies the investment process. Wealth.ng is a product of WealthTech Limited, a subsidiary of Sankore Investments Limited, with all investments provided by Sankore Securities, which is regulated by the Securities and Exchange Commission.
The platform caters to Nigerian investors looking for diversified investment opportunities with competitive returns across multiple asset classes, eliminating the need to manage different investments on separate platforms.
Key Features
Multi-Asset Investment Platform
Access to bonds, stocks, treasury bills, real estate, and agriculture
Automated Investing
An Option for Hands-Off Investment Management
Mobile App Availability
Android and iOS applications for on-the-go investing
Wealth Cash Product
High-yield savings option with flexible withdrawal
Gift Investments
Ability to purchase investment products as gifts
Professional Advisory
Access to seasoned investment advisors
Real-time Portfolio Tracking
Monitor all investments in one dashboard
Pros & Cons
Advantages
- No platform fees or investment charges
- SEC-regulated through Sankore Securities
- Multiple investment options in one place
- Bank-level security measures
- User-friendly mobile applications
Limitations
- Limited user reviews and feedback
- Relatively new platform with trust concerns
- Limited customer support channels
- Mixed user reviews on Trustpilot
Security Features
Regulatory Compliance: All investments are provided by Sankore Securities, which is regulated by the Securities and Exchange Commission
Bank-Level Security: The platform uses industry-standard security measures to ensure confidential information is protected and funds remain secure
Secure Payment Processing: Multiple secure funding options, including card payments and bank transfers Data Protection: In
Licensed Operations: Operating under the proper Nigerian financial regulatory framework
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| Platform Usage | Free (0%) | No charges for using the platform |
| Investment Management | Free (0%) | No fees attached to investments |
| Account Maintenance | Free (0%) | No monthly or annual fees |
| Funding Account | Free (0%) | No charges for deposits |
| Withdrawals | Free (0%) | No withdrawal fees to bank accounts |
Getting Started
Detailed Ratings
Final Verdict
Wealth.ng offers a comprehensive investment platform for Nigerians seeking diversified portfolio options with no platform fees. While the SEC regulation provides credibility, the platform’s relatively recent entry and mixed user reviews warrant cautious optimism.