Is OWealth Legit? How Safe And Secured Is OWealth, A Saving And Investment Platform On Opay: This question has been what most people who bank or intend to bank with Opay ask. Especially when the fake news about Opay siphoning money from its customer’s accounts surfaced online. That news actually caused a lot of uproar for both existing and intending customers. However, it is worth noting that Opay is a registered digital platform with the Central Bank of Nigeria(CBN). Also, its deposit is protected by the National Deposit Insurance Corporation (NDIC). Besides, they have millions of customers with great reviews online. Hence, they cannot run away with your money. Furthermore, OWealth as one of the packages of Opay is for investment. With OWealth you can build your wealth by investing with them. OWealth offers a simple and secure way to access a variety of investment opportunities. Thus, if you have been contemplating whether to invest in OWealth and you do not know how to go about it then this post is for you.
In this blog post, I will convince you that OWealth is a legitimate platform where you can invest your money and have a sound sleep. So, if you would like to know more, continue reading!
About OWealth
OWealth is one of the unique features of the Opay digital platform. With OWealth you can invest your money in a range of investment products, such as fixed deposits, mutual funds, and many other investment products. The good news is that no amount is too small for investment with OWealth. You can invest small or big amounts of money in it and earn.
Also, with OWealth you are certain that you have saved and invested your money all in one convenient place which can earn you up to 15% annual interest on your savings. Is that not awesome? The interest is much higher than what most commercial banks offer in Nigeria. This simply means that when you invest in OWealth your money can work harder for you. Which will help you to achieve your financial goals faster.
Thus, if you are saving for a vacation planning for your future, or you need a secure place to build your wealth, OWealth is here to help you make the most of your money.
How to Invest with OWealth
If you are ready to join the wise investment platform all you need to do is to first download the Opay digital app. Follow the steps below to access OWealth.
Step 1: After you have downloaded the Opay app then access the finance section of your Opay account dashboard and select the OWealth option.
Step 2: The next thing is to register an account and click on the “Invest” button
Step 3: After that, add the desired amount of money you want to invest and start earning nonstop.
It is worth noting that investing with OWealth is not a do-or-die affair; you can withdraw your invested funds whenever you wish.
Types of Investments Offered by OWealth
There are various types of investment options you can choose with OWealth. Below are some of the investment types you can choose from:
- Fixed Deposits
- Mutual Funds and
- Other Investment Products
With the varied investment plans offered by OWealth, you can choose the investment type that aligns with your financial goals and risk boundary.
Is OWealth legit?
Opay, the company that offers the OWealth feature, is a legitimate financial services provider that is licensed by the Central Bank of Nigeria (CBN). Therefore, OWealth is one of the legitimate investment platforms you can always trust with your money. This investment platform is not just legit, it will also help your money work for you even while you are sleeping. Over the years, with OWealth investment customers have earned 1 million naira and above as their annual interest. However, your interests will be based on the amount you save with them.
Nonetheless, it’s important to note that all investments come with risk, and there is no guarantee that you will earn returns on all your investments. Also, the value of your investments may fluctuate, and you may even lose money. Thus, it is advisable for you to do your own research, understand the risks involved, and seek professional advice before investing your money in any platform.
Wrapping Up
OWealth one of the outstanding features of Opay is a game-changing tool that allows you to save and invest your money without stress. The platform is secured, ensuring transparency and ease of use. Besides, your savings grow at a faster rate. This is due to the high annual interest rate you will receive on your investment.
Yet, you do not have to bother with safety
because its parent body which is Opay is licensed by the Central Bank of Nigeria (CBN). Also, its deposit is insured by the Nigeria Deposit Insurance Corporation (NDIC) Ultimately, if you are interested in using OWealth, you can download the Opay mobile app, register, and then access the OWealth feature to view the available investment products and start investing happily.
Frequently Asked Questions about Is OWealth Legit? How Safe And Secured Is OWealth, A Saving And Investment Platform On Opay
Below are some of the frequently asked questions about OWealth you might have in mind.
Is OWealth legit?
Yes, OWealth is legit. OWealth is one of the unique features offered by Opay. We all know that Opay is a legit digital bank where you can get all your transactions done just with your phone. Thus, if you invest in OWealth you can always sleep with both your eyes closed.
How much does OWealth give as interest per annum?
If you save your money with OWealth, be sure to get 15% of your investment per year. Is that not awesome? This interest rate is far higher than what most commercial banks offer you. Why not invest now?
How Safe And Secured Is OWealth, A Saving And Investment Platform On Opay?
OWealth is safe and secure because its parent body which is Opay is licensed by the Central Bank of Nigeria (CBN). Also, its deposit is insured by the Nigeria Deposit Insurance Corporation (NDIC). So, you do not have to worry.
How does OWealth work?
OWealth one of the investment features of OPay works by allowing you to invest your money in different financial instruments through the platform. The platform then partners with various asset management companies to offer you investment options
Thus, you can choose your preferred investment option based on your risk threshold, investment boundary, and your financial goals. Ultimately, OWealth also offers a savings option that allows you to save money periodically and earn interest on your savings.
Is there a minimum investment period for OWealth investment plans?
Yes, some OWealth investment plans have a minimum investment period, which can range from a few days to several years. However, the duration depends on the investment plan you choose.
How do I withdraw my money from OWealth?
You can easily withdraw your money from OWealth through the Opay app. In seconds your money will be credited to your Opay account or bank account, depending on your withdrawal method.
