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With millions of users using the internet on the daily, banking one inevitable place. As a result, the banks has made their online interface easy and accessible.

Like wise, online banking app like Kuda, Piggyvest, V Bank and many others has risen.

V Bank By VFD Review

Honesty, Banking and finance play a primary role in greasing the economy and growth of any society. The very definition of wealth generation is producing more than you consume and saving the excess in income generating assets. A process for which financial institutions are necessary.

Again, income generating assets are only income generating if those savings are funneled to businesses and individuals who need funding for some economic activity.

Firstly, a process which also requires financial institutions. Even the process of specialization and exchanging one thing for another is facilitated by the very same v Bank by VFD. It is almost impossible to run a modern economy or build sustainable wealth without these financial institutions.

Benefit of V Bank By VFD

Historically banks and other institutions but for the purpose of this article mostly digital banking have tried to perform essential roles in society but at significant cost.

Apparently, take for example the role of providing services for people who produce more than they consume and want to save the surplus in assets. Excluding all the regulatory requirements, the bank typically have to
Rent or construct a building maybe with a safe hire some staff who would count cash and do book-keeping spend on security to make sure they did not get robbed.
But collecting people’s savings was only half the story.
Remember that those assets needed to be income generating. So, they had to hire loan officers and find businesses or individuals worth giving loans to, and spend time following up on them.
Obviously, all this isn’t mentioned. V Bank by VFD saves all this balance cut-down.

The Trust of Banking With V Bank By VFD Another side effect though, was that many have just not been able to afford financial services because of huge costs incurred. The unbanked as they are commonly called.

Simply, It had simply made no sense to offer loans to some microenterprises who could only utilize very small amounts because the interest paid on those loans could not justify the investment.

The old banking structure, due to its costs model had left a lot of people isolated from the financial system or at least not feeling like they were getting value for money.

Over the years some big changes have however occurred in society. The first of these is the mobile revolution. The rapid rise of mobile telecommunications has put a mobile phone in almost every hand in society.

V bank saves all stress and don’t give unnecessary debits.

Is V Bank By VFD Scam or Legit

Importantly, to demonstrate the rapid rise in mobile access, in 2000 there were only about 30,000 mobile phone users in Nigeria. By the end of 2019 there were over 184 million active lines.

In just two decades telecommunications services had essentially reached every nook and cranny in the country. As part of the expansion in telecommunications services, the costs of accessing those services had also dropped significantly.

To demonstrate, in 2005 the average tariff for calls was about N50 per minute (roughly $0.40). Right now, calls on most major networks are as low as N7 per minute (roughly $0.02). A 95 percent drop in costs in US dollars before inflation.

V bank by VFD used this opportunity to pierce the market. Obviously v bank by VFD is not scam.

The second major shift that has occurred in the past few decades is the explosion in data. Over the past two decades the number of people who take advantage of services that produce data on their behaviors and habits has exploded exponentially.

But within all that turbulence and chaos a new generation of banks is emerging. Banks that do not suffer from the legacy cost structure and processes of traditional banks.

Banks that allow consumers take advantage of modern technologies to access financial services. Banks that trade off the bank branches for mobile apps. Banks that trade off the loan officers for big data.
All the while passing the costs savings to consumers, and reducing the costs of financial services.

One of such banks is the new V by VFD. All digital, no paperwork, no queues, none of any of the things that annoyed people who had to go to bank branches to get even the most mundane things done.

V Bank vs Kuda Bank Mobile App

Below is a list of some exclusive offers :

All of your transactions at your fingertips

Overdraft possibilities on request (through company)

Easy savings and investment opportunities

Pay all of your bills with 100+ biller integrated

Atm Cards for everybody

Never go to a bank anymore, do everything from your mobile phone

Direct 24/7 support with V

Loan facilities for salary payment
Overdraft facilities for staff

Bulk payments

Administrative support

Loyalty reward up to 2,000,000 NGN per month

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

Alux homes Investment Review – Real Estate as a Multi-million Asset

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Alux Homes on their Funds we page published that it is by far one of the best investment companies in the world. It is a revolutionary investment platform that pays it’s members weekly. 

Furthermore, they claimed every client who makes an investment in trade with them can be sure that cooperation with them is a guarantee of deposit security, timely payment and stable growth of income.

 

Alux homes Review

By the end of this one you should have a clear understanding of how wealth is built through real-estate and why the rich always have some part of their portfolio invested in land and buildings.

Historically, the real estate market has outperformed goal in terms of store of value and returns. Expectations being the events post 2007, but even then smart investors have picked up properties with a discount.

Real estate is one of the safest investments one can make, because the value of properties very rarely go down and even then it’s only for short periods of time.

The trending markets are seeing even more rapid growth. For the past decade, central real-estate has appreciated on average by 6% per year, effectively doubling in value every 10 years or so.

Anywhere in the developed world you have access to banks. Banks provide credit if you’re employed and prove that you have the means to pay back the money.

It’s never been easier and cheaper than it is today to have access to capital. Many governments are offering preferred interest rates when it comes to buying a home. Learn about these programs and take advantage of them.

In some cases there’s as little as 5% money down on a credited investment backed by the state and everybody has access to these types of crediting programs.

Real estate investors do that as well, when interest rates drop, they go to a different bank take out a credit, pay for the previous one and now pay less than they used to, keeping more of the rental money in their pocket.

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Review

Omich Prime Review – Is Omich Prime Scam or Legit

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NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Omich Prime Review

OmichPrime claims to be one of the best business platforms in the world, that’s fully registered and has complete documents as required by the regulating government body.

Omich Prime also claims that it has what it takes to take your financial status to the next level.

Omichprime wants you to Invest in any of their packages and keep your fingers crossed while they help you grow your money. No daily tasks, no sharing of adverts whatsoever.

 

Omich Prime Investment

Omich Prime makes investments with the funds paid by her members. They return these funds to their investors after 30 days with a 52% ROI.

Bronze BR

  • For 30 Days: ₦ 10,000
  • 52% ROI

 

Violet VI

  • For 30 Days: ₦ 20,000
  • 52% ROI

 

Silver SIL

  • For 30 Days:₦ 30,000
  • 52% ROI

 

Gold GD

  • For 30 Days:₦ 50,000
  • 52% ROI

 

Maroon MAR

  • For 30 Days:₦ 100,000
  • 52% ROI

 

SiliconSIL

  • For 30 Days: ₦ 200,000
  • 52% ROI

 

Indigo IND

  • For 30 Days: ₦ 500,000
  • 52% ROI

 

Amber AMB

  • For 30 Days:₦ 1,000,000
  • 52% ROI

 

Pearl PEA

  • For 30 Days: ₦ 2,000,000
  • 52% ROI

 

Heist HEI

  • For 30 Days:₦ 5,000,000
  • 52% ROI

 

Omich Prime Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

The same model is applied on the Omich Prime site. After a successful sign up or registration, you proceed to login to be enable to share your referral link, make new membership and earn a referral bonus.

 

Is Omich Prime Safe and Credible

In ascertaining the credibility of a platform before outrightly assuming that Omich Prime is scam or Omich Prime is legit is very discreet, this makes a lot of factors even the slightest one so so important.

While documenting this Omich Prime review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Omich Prime provides no verifiable information about who owns or runs the company on its website.

 

Is Omich Prime Legit 

From analyzing how Omichprime works, we come in conclusion that it is a ponzi scheme “rubbing peter to pay paul”, and thus, it won’t last, and late investors will loose their funds heavily.

Omichprime claims that it is registered under the laws, but then there’s no documented proof that Omichprime is duely registered to operate as a financial entity.

Omichprime claims that they make money through forex trading, and cryptocurrency trading, but then, there’s no proof to back up their claims.

 

Is Omich Prime Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Omich Prime is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Omich Prime on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

Disclaimer

This Omich Prime Review Article isn’t aimed at defaming Omich Prime nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Omich Prime review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

 

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Review

Earnathon Token Review – Scam or Legit Crypto Project

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ENA is the native economic token of the Earnathon platform. They use this token to pay users of Earnathon. As at the time of writing this post, there is no much information provided about the token.

 

NOTICE: In as much as Team Xycinews aims to deliver a near perfect review, we have a lot of Platforms on our Log to review & a lot already reviewed. Sadly this limits us from backdating to track the status of already reviewed platforms.

Kindly note that the platform information were correct as of time of publishing but might turn out to be SCAM without our notice.

Always check our article’s published date & the comment section below for users opinion. Thanks ♥️

 

Earnathon Token Review

Earnathon  is a platform designed for anyone that is interested in block chain and cryptocurrency and want to learn more about it.

Earnathon offers you the golden opportunity to learn all you can about block chain and cryptocurrency for free while earning crypto tokens at the same time.

The idea of Earnathon was created and developed in 2019. It launched fully and officially in 2021.

 

Earnathon Token Earnings

In Earnathon, users get to earn crypto tokens while learning about block chain and cryptocurrency companies.

You earn by watching educational crypto & block chain videos and answering the quiz afterwards.

In Earnathon, your earning potential is limitless! Your earnings are absolutely under your control; you earn as much as you learn. That means if you can learn for 24 hours, you will earn 24 hours.

 

Earnathon Token Founder

While documenting this Earnathon Token review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Earnathon Token provides no verifiable information about who owns or runs the company on its website.

 

Earnathon Token Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

Earnathon pays you $10 worth of ENA whenever someone registers through your link.

 

Earnathon Token Sign up

  • Click on create account you should see a form like the one below
  • Fill out the form
  • Verify recaptcha to prove you’re human
  • Wait a few minutes, a verification mail will be sent to your inbox
  • Verify your mail address
  • And you just registerd successfully!

 

Earnathon Token Login

Before you have access to Earnathon Token login page, it’s obvious you must registered successfully.

To login Earnathon Token only the below is needed 

  • User name  
  • Password

 

Is Earnathon Token Legit 

ENA is the native economic token of the Earnathon platform. They use this token to pay users of Earnathon. As at the time of writing this post, there is no much information provided about the token.

I have seen a YouTube video of someone withdrawing but I still doubt the long terms sustainability of this platform.

 

Is Earnathon Token Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Earnathon Token is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Earnathon Token on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

Continue Reading

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