New Phatisa app offers investor transparency

Picture Thinkstock

Picture Thinkstock

Phatisa, a private equity fund manager that has launched a new app which calculates the internal rate of return on investments, is set to level the playing field and offer investors transparency in investment schemes.

Phatisa, which manages two funds in African housing and agriculture worth R2.7 billion this week launched its free app, which went live on Wednesday.

The app comprises three variables, including an investment time period in years, times money back multiple (such as three times the initial investment), and the result of an internal rate of return.

Describing the app as a “first for Africa”, Stuart Bradley, senior partner at Phatisa, says the app will not replace detailed financial modelling required for investment evaluation, but it can give an immediate answer that can help investors early on in the decision-making process.

The Phatisa app is equipped with a news segment relating to African private equity, exchange rates featuring currencies streamed live, and an agricultural commodity price feature updated daily.

The app is available on iOS (Apple) and Android platforms.





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