We’ve talked about PiggVest before but It’s important to talk about it again because a little drop makes the ocean. If you save 300 daily, by the end of 2020, you’ll have savings of N109,500 with 10% interest.
PiggyVest is an online platform that helps people save money to meet their goals. Maybe you plan to buy a car, pay your rent, children’s school fees, etc… PiggyVest will help you reach your goal.
The platform also offers people the opportunity to invest their money in various ventures and get up to 25% return on investments for as little as 8 months or more. Saving money attracts up to 10% of interests. They are widely regarded as the biggest online savings and investing platform in Nigeria.
How Does it Work?
Let’s say you have a financial goal that you want to meet. It could be to start a business, pay rent or anything. Maybe you just want to save a million naira or more, PiggyVest will help you achieve that.
The first thing you need to do is to create an account and start saving. They pay you 10% interest on your savings. You can save daily, weekly, monthly or anytime you want. There is an option for you to automatically save. For example, you can decide to save between N50 to N20, 000 or more every day. Set up the amount you want to save and it will be automatically deducted from your account every day.
You can also decide to save weekly. For example, you decide to save N10,000 to N50, 000 a week or more. You can also set it up and the money will be deducted every week from your bank account. The same thing applies if you want to save monthly.
Saving With a Friend on PiggyVest
You can also choose to save with a friend, family, spouse or group of people. You need to agree with the people how much you want to save and for how long. Then start saving! Once it gets to the date you set, the money will be sent to each account of everyone saving.
How Safe to Save with PiggyVest?
They are duly registered as PiggyTech Global Limited – RC 1405222. In early 2018, they acquired a Microfinance bank and its license. They are also a registered cooperative with the name, Piggytech Cooperative Multipurpose Society Limited, with registration number 16555.
All the money saved on this platform is warehoused and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).
How to Save Money on PiggyVest
>>First of all, create an account here
>>Fill in your details, including your withdrawal options
>>Start saving. No amount is too small to save.
>>Finally Activate your account with atleast N100 by linking your Debit Card to the platform. Once your account is activated, you are good to start saving.
You can also explore the app both on android and iOS devices and see the available investment you can easily dive in and get up to 25% of investment returns.
If you are not using this app, then something is wrong… Otherwise, tell us which other saving apps you are using in the comment.
I use the cashbox savings app. I may like try try this out also
Can’t they save less than 1k at least?
U can save 50 naira only
I tried it before but I always see slots not available, has been taken up especially agro and transportation investment areas.
I’m still learning how to use the app
Hmm 1st it was swisscoin and now na piggyvest ok oO I no vex.
The returns on Agriculture/Transportation, will it be paid monthly or yearly?
till after the the investment period elapses, some eight months, some a year.
Very interesting
What of cowrywise? Is it reliable?
cowrywise is reliable too, I already started with PiggyVest while my wife uses Cowrywise for savings.
Yes it is.
Please i need your assistance with something sir
Send me a mail
I have explored them in details. They are cool but the interest rate are damn too low
How reliable this PiggVest is?
Yomiprof have you used it before?
Hello Nnamdi,
I am currently using it… I must say, it is superb
What rate are you looking for?