These new offerings complement instant loans up to N500,000, free bill pay, airtime top-ups, and other existing services found within the app. Taken together, customers can now enjoy a single app to manage their money with unmatched value.
“Finding the best deal when it comes to your money can be overwhelming. We have made it simple. Compare our 20% returns and free money transfers to see how Branch is better than your bank” says Dayo Ademola, Managing Director of Branch Nigeria. Branch’s unlimited free transfers to recipient bank accounts have no hidden fees or restrictions. Most financial apps today charge a transfer fee or cap the number of free transfers. Unlike other investment platforms where the money is locked for a fixed period, our customers can withdraw their investments after a 24-hour period. Branch’s 20% per annum return is paid weekly. Investments through the Branch app are channeled into low risk financial instruments with capital preservation as the ultimate goal. Branch also forfeits its commissions to customers in order to provide returns that are amongst Nigeria’s highest. To further encourage new customer trials, Branch is offering a limited time additional incentive: for each deposit of N300 or more using the wallet, customers receive a N50 bonus – up to N6,000 in bonuses per year.