How to save and invest money on Sumotrust

Wondering how to save and invest money on the SumoTrust platform in Nigeria? If yes then this post is for you.

Many Nigerians have been wondering if sumotrust is actually a legitimate online savings and investment platforms to invest money and earn huge returns on investment.

But before than, let me briefly explain to you what sumotrust is really all about.

About Sumotrust

Sumotrust unlike piggyvest is an automated online savings and investment platforms in Nigeria that allow it's registered users to save money with ease and earn 10% to 15% interest per annum.

Sumotrust is strictly designed for those who are looking for ways to save money in Nigeria after payday. So if you need money to start a business, pay for rent, buy a property, car, do some shopping or pay for tuition, then, save for it and reach your financial goals.

Sumotrust Savings Plans

There are up to four savings plans on the sumotrust app or website namely:

Main Savings/Investment Plan

This plan allows you to save money periodically (daily, weekly or monthly) towards a set financial goals and earn 10% interest per annum.

You need only to specify this once during the setting up of your plan and sumotrust will ensure this money is saved automatically on those specified days into your SumoTrust savings wallet.

Fixed Plan

These plan helps you meet commitments to long term financial goals by allowing you to lock funds away (grow money) towards a fixed date, and you earn up to 15% interest in annum.

Mission Savings

This plan allows you to save consistently towards a particular financial goal. You can save towards starting a business , save for a rent, vacation etc, and earn interest while doing so.

Sumotrust Kick Account

This is a sub-account where all interest, affiliate earnings, bonuses, etc earned on sumotrust are paid.

You can proceed to withdraw your funds any time without any hidden charges. All withdrawals from a kick account is absolutely free.

Sumotrust: Legit or Scam?

Sumotrust is a product of SumoTech global limited registered with the cooperate affairs commission with RC Number: 1524989 as a finance company.

With physical office located in the federal capital territory, Abuja, Nigeria. Sumotrust are in partnership with flutterwave, a well trusted third party payment processor which is licensed by CBN.

Sumotrust is built with the financial security of users in mind and because of that, all customers financial information is encrypted and securely stored to PXI DSS level 1 compliant standard which is the highest security used by banks, thus making it a legitimate online savings and investment platforms in Nigeria.

Conclusion on Sumotrust savings and investment platform

Sumotrust is a legitimate online savings platform in Nigeria that allows you to save with ease and earn 10 to 15% interest per annum on your savings. So feel free to save with them, in case you don't like or trust sumotrust, do check out these top online savings and investment platforms in Nigeria to grow your wealth in 2020

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