InvestiPharm is a crowdfunding aggregator that provides a platform for individuals, groups, and corporate entities to directly finance the Nigerian pharmaceutical industry and earn interest on their contributions. We offer two primary product offerings: Inventory Financing and Invoice Financing.
InvestiPharm is open to individuals, groups, and corporate entities who are at least 18 years old and have the legal capacity to enter into agreements.
InvestiPharm primarily focuses on financing the Nigerian pharmaceutical industry. While we may expand our services in the future, currently, our platform is designed for investments in Nigeria.
Yes, InvestiPharm is open to corporate entities looking to invest in the Nigerian pharmaceutical industry. You can register as a corporate entity and explore investment opportunities.
To sign up, visit the sign-up page by clicking Get Started, and follow the easy steps outlined in the sign-up process, including providing your personal information and verifying your email address.
If you forget your password or have trouble accessing your account, you can use the "Forgot Password" feature on the login page to reset your password. If you encounter any issues, contact our customer support for assistance.
Each user is allowed to have one investment account on InvestiPharm. Multiple accounts for the same user may result in the suspension or termination of those accounts.
Topping up your wallet is easy. Simply access your wallet from the dashboard, and you'll find personalized reserved bank account details. You can transfer money to this account using your internet banking app, mobile banking app, or make a cash deposit at the bank.
The minimum and maximum investment amounts may vary depending on the specific investment opportunity. These details will be provided when you explore investment options on the platform.
Returns on investments are paid out monthly. You can choose to withdraw the funds to your bank account or reinvest them to maximize your returns.
You have two options for managing the funds in your InvestiPharm wallet:
InvestiPharm may charge fees for certain services or transactions, such as processing payouts. Details about applicable fees are available on the platform, and we recommend reviewing them before making transactions.
Inventory Financing allows you to invest in the pharmaceutical supply chain directly. You purchase slots, and your capital fuels the pharmaceutical supply chain, earning you monthly returns.
Invoice Financing involves financing transactional invoices of pharmaceutical vendors. You can bid for invoices, and once accepted, your investment helps pharmaceutical vendors maintain a steady cash flow while earning you monthly interest.
You can buy slots for Inventory Financing by visiting the "Buy Slot" page on the platform. Adjust the purchase unit value to your desired amount, confirm the purchase, and your capital will be allocated to the pharmaceutical supply chain.
Retail Slots and Bulk Slots are two distinct types of investment options available on InvestiPharm.
If the available units in a Retail Slot are insufficient to meet your desired investment capital, you can follow these steps:
Your Slot will typically be activated within 3-5 days after the Slot sale cycle is complete. A Slot sale cycle is considered complete when all Slot units have been purchased or when the sale timer runs out, whichever comes first.
Returns on your investment will begin one month from the activation of the Slot that your investment falls within. These returns will be deposited into your InvestiPharm wallet.
To participate in Invoice Financing, explore available invoices by visiting the "Active Entities" page on your dashboard. Place bids for invoices that match your investment criteria, monitor your bids, and await acceptance by pharmaceutical vendors.
When an actively running Slot is gets to the end of its investment cycle without any termination requests made, the Slot is automatically renewed for another investment cycle.
You can initiate a slot termination by navigating to the "Manage Slot" page and locating the mini slot you wish to terminate. Click the "Terminate" button, confirm your action, and follow the process. Note that termination can be done anytime between the Slot activation date and two months before the investment end date. Beyond these dates, the Slot termination can not be requested.
Terminating a Slot simply sends a termination request to InvestiPharm admin. This implies that the investment cycle of the terminated Slot will not be automatically renewed at the end of the investment cycle. Within 7 working days from the end of the investment cycle of the terminated Slot, the capital value of the terminated Slot will be remitted to your InvestiPharm wallet.
Yes, you can cancel a slot termination request as long as it is before the investment end date and the request has not been processed. Simply click the "Cancel Termination" button of the desired Slot and confirm action.
In the event that a pharmaceutical vendor defaults on an invoice you've invested in, InvestiPharm will take appropriate actions to recover the outstanding amount.
The duration for returns to start generating from slot purchases may vary depending on the specific investment opportunity but usually within one month.
In the event that an invoice you purchased is not paid by the pharmaceutical vendor, InvestiPharm will take necessary actions to recover the outstanding amount on your behalf. You may still receive returns on the investment if recovery is successful.
While InvestiPharm strives to provide a secure platform, investments are not guaranteed or protected by any government entity. Be sure to conduct due diligence and make informed investment decisions.
InvestiPharm conducts due diligence on investment opportunities and pharmaceutical vendors to ensure legitimacy and credibility. We strive to provide a secure and trustworthy platform for our users.
There is typically no limit to the number of slots or invoices you can invest in simultaneously. You can diversify your investments based on your preferences and available funds.
Investment durations may vary depending on the specific opportunity. Some investments may have shorter durations, while others are longer-term. You can choose opportunities that align with your investment goals.
Your funds in the InvestiPharm Wallet do not expire, and you can access them at any time. We recommend keeping your wallet balance updated and exploring investment opportunities to maximize your returns.
Yes, you can update your bank account details in your account settings. Make sure to keep this information up to date to ensure smooth payouts.
Typically, there are no restrictions on withdrawing funds from your wallet to your bank account. However, please be aware of any associated fees and processing times.
Currently, no. However, we are working on offering a referral program that allows you to earn rewards for referring new investors to the platform. Details about the referral program will be made known as soon as it is official.
Tax obligations may vary depending on your jurisdiction and the specific nature of your investments. It is advisable to consult with a tax professional to understand any tax liabilities associated with your earnings on the platform.