Piggyvest
Save better, earn more
4.5(310K+ reviews)
Founded 2016Lagos, NigeriaUsers
4M+
Rating
4.5/5
Founded
2016
KYC
Required
About Piggyvest
Piggyvest (formerly Piggybank.ng) is Nigeria's most popular savings and investment platform. Since 2016, it has helped over 4 million Nigerians build disciplined saving habits through automated savings, fixed deposits (SafeLock), and investment opportunities.
Features
Auto-save (Piggybank)
Target savings (goals)
SafeLock (fixed deposits)
Flex wallet (instant access)
Invest (agriculture, real estate)
Savings challenges
Group savings
Referral rewards
Fee Structure
| transfers | Free withdrawal to bank |
| maintenance | Free |
| other | Early withdrawal penalty on Piggybank (N100) |
| Savings Rate | 8-13% per annum (SafeLock) |
Pros & Cons
Pros
- Best savings discipline platform
- Multiple saving modes for different goals
- Competitive interest rates (8-13%)
- Strong community and trust
- Regular payout of returns
Cons
- Cannot withdraw from Piggybank anytime
- Investment options carry risk
- Not a licensed bank
- Returns not guaranteed on investments
Links
User Reviews
No reviews yet. Be the first to share your experience!