First City Monument Bank (FCMB) has unveiled a new feature on its Mobile App that enables customers to open investment accounts and invest directly in mutual funds managed by FCMB Asset Management, the wealth creation arm of FCMB Group Plc.
The new feature marks a major step in FCMB Group’s strategy to build a unified digital financial ecosystem that seamlessly connects banking, payments, and investment services.
Through the app, users can now access a diverse range of mutual funds tailored to different financial goals and risk appetites — including the Legacy Money Market Fund for low-risk investors, the Legacy Equity Fund for long-term growth, the Legacy Debt Fund focused on local-currency bonds, and the Legacy USD Bond Fund for dollar-denominated investments.
Yemisi Edun, Managing Director of FCMB, said the move reflects the Group’s broader vision of financial inclusion and innovation.
“What we are building goes beyond digital convenience. It is about creating a connected ecosystem where banking, payments, and investments work together to serve customers’ broader financial needs. By integrating mutual funds into the FCMB Mobile App, we extend that ecosystem, enabling customers to move seamlessly from saving to investing within one trusted platform.”
Similarly, James Ilori, Chief Executive Officer of FCMB Asset Management, highlighted the inclusive approach driving the initiative.
“Our mission is to democratize access to investment opportunities and make wealth creation simple and inclusive. By bringing mutual funds to the FCMB Mobile App, we enable anyone, anywhere, to start investing confidently and build sustainable financial futures.”
This integration not only enhances convenience for existing customers but also aligns with FCMB’s broader goal of promoting digital inclusion and financial literacy across Nigeria. The move positions the bank as one of the few banks in the country offering end-to-end investment services directly through its mobile platform — reinforcing its role in shaping the future of digital banking and wealth management.
Customers can download or update the FCMB Mobile App from the Google Play Store or Apple App Store to start investing.
