Glossary of Key Terms
Optimus Support
Last Update 4 months ago
- Optimus by Afrinvest: An investment platform that enables saving and investing in Naira and Dollars.
- KYC (Know Your Customer): A process for verifying the identities of clients.
- Afrinvest Asset Management Limited (AAML): A portfolio manager in Nigeria licensed by the SEC.
- BVN (Bank Verification Number): A unique identifier for banking customers in Nigeria.
- OptiFlex Product: A savings plan that offers fixed interest rates and allows periodic savings.
- OptiLock Product: A savings product that allows setting aside a lump sum for a fixed period.
- Mutual Funds: Investment vehicles that pool money from many investors to invest in various assets.
- US Stocks: Shares of international companies available for investment on the platform.
This glossary includes terms related to the platform’s services, products, and regulatory aspects. If you need further details or definitions, feel free to ask!