The Platform
Remit2Own is tailored for individuals who may not have the financial means to make a full property purchase or meet the standard 30% deposit requirement
It offers an innovative pathway to home ownership by allowing small, manageable deposits over time.
With a competitive interest rate of up to 4% per annum on total deposits, Remit2Own not only supports immediate financial needs but also provides capital growth on deposited funds. Subscribers benefit from the flexibility of deciding how to use their Return on Investment (ROI). Whether they choose to reinvest into their instalment savings or allocate it towards personal financial goals, they maintain full control over their finances.
The scheme is designed to allow subscribers grow in line with their investment. Once a subscriber’s savings reach 30% of their desired property value, they are presented with three distinct options:
A ground-breaking product that empowers Nigerians in the diaspora to secure property investments in Nigeria through an innovative financial remittance solution.
Remit2Ownis a platform that provides a strategic financial approach and long-term plan to help individuals gradually accumulate the resources needed for property purchase, including initial payments. Unlike traditional mortgages, it focuses on disciplined saving and sound financial management, rather than requiring large down payments and high monthly instalments.
Partnership
Developed in collaboration with Providus Bank Plc, a Nigerian commercial bank with international presence in the UK and the USA.
Target Audience
Nigerians in the diaspora seeking safe, structured investment options and property ownership in Nigeria.
