This page is not an official page of the app or its developer, but an independent editorial publication created for informational and commentary purposes. Unless expressly stated otherwise, neither the app nor its developer is affiliated with, endorsed by, sponsored by, authorized by, or otherwise officially connected with MWM, Apple, Google Play, the app publisher, or the app's developer, and nothing on this page implies that the app was developed using MWM's services. Any trademarks, logos, screenshots, and other content remain the property of their respective owners.
PiggyVest: Save & Invest Today
Financial control just got an upgrade. The app hands users the power to dictate their money's future, not just react to it.
Downloads
1M+User Rating
Total Ratings
42.1KPublisher
Category
FinanceLocales
1Latest Version
5.6.0Size
81.5 MBFirst Released
Jul 25, 2017An evaluation of core functionalities driving wealth creation and financial discipline for Nigerian users.
Key Features Analysis: PiggyVest
Versatile Savings Mechanisms
The app provides diverse saving options, from automated daily/weekly/monthly savings (Autosave) and goal-oriented saving (Target Savings) to flexible manual contributions (Quicksave), locked funds with upfront interest (Safelock), and savings in Naira or Dollars (Flex Naira/Dollar), catering to various financial discipline levels and goals.
Accessible Investment Opportunities
It offers access to 'Investify,' a platform for pre-vetted investment opportunities in various sectors like real estate, agriculture, and fixed-income assets, with a low entry point of ₦5,000 and potential returns up to 35% annually, enabling users to grow their wealth.
Robust Security & Regulatory Compliance
The platform ensures high security standards, being regulated by the SEC in Nigeria, NDPR compliant, and utilizing internet and bank-level security measures, reinforced by a nine-year track record of significant payouts to users, fostering trust and peace of mind.
Transparent Financial Operations
This tool features transparent financial reporting, providing monthly alerts on interest earned and clear calculations of daily interest rates. It also ensures no deposit or monthly fees, fostering trust and clarity regarding financial performance.
Competitive High Returns
The app provides competitive returns, with up to 22% per annum on various savings plans and up to 35% per annum on investments, offering significant wealth-building potential and an attractive incentive for users.
Dedicated Customer Support
The app offers responsive and intuitive customer support alongside an in-app self-help service, ensuring users can efficiently resolve issues and receive timely assistance for their financial queries.
Frequently Asked Questions
Everything you need to know about PiggyVest: Save & Invest Today
What is PiggyVest?
PiggyVest is Nigeria's largest online savings and investment platform. It has operated for over 9 years with more than 5.5 million registered users, providing tools to save, invest, and manage money.
What savings options does PiggyVest offer?
PiggyVest offers various savings options, including Autosave for automated savings, Target Savings for goals, Quicksave for manual saving, Safelock for locking funds, Flex Naira for emergency funds, and Flex Dollar for dollar savings.
How does PiggyVest's Investify feature work?
PiggyVest's Investify allows users to invest in pre-vetted opportunities like commercial papers, real estate, and agriculture with as little as ₦5,000. Users can earn up to a 35% return on capital per annum.
Is PiggyVest safe and secure for savings and investments?
Yes, PiggyVest is safe and secure. It is regulated by the SEC in Nigeria, is NDPR compliant, and utilizes high levels of Internet and Bank-level security. The platform has paid over ₦2 Trillion to customers in 9 years.
Does PiggyVest charge any fees for deposits or monthly maintenance?
No, PiggyVest does not charge any deposit fees or monthly fees. Interest is available monthly, with alerts detailing earnings and interest rate calculations for transparency.
Does PiggyVest offer customer support?
Yes, PiggyVest offers responsive and intuitive customer support. The app also includes a self-help service to assist users with various issues directly within the application.
What security features does PiggyVest offer to protect user data?
PiggyVest guarantees safety with features like two-factor authentication, encrypted data, and PCI-DSS compliance. It is also NDPR compliant and licensed by the SEC, ensuring robust protection for user information.
Can I automate my savings with PiggyVest?
Yes, PiggyVest allows users to automate their savings through the 'Autosave' feature. This can be set up for daily, weekly, or monthly contributions to the PiggyBank, earning up to 14% per annum.
How does the PiggyVest Safelock feature work?
PiggyVest's Safelock feature allows users to lock funds they wish not to access for a set period. Users earn interest upfront, with rates up to 20% per annum, making it suitable for disciplined savings.
What is PiggyVest Flex Naira?
PiggyVest Flex Naira is a savings plan designed for building an emergency fund. Users can earn daily interest, with rates displayed as 12% per annum, while maintaining flexibility for potential withdrawals.
Can I save for specific goals with PiggyVest?
Yes, PiggyVest offers 'Target Savings' for users to save towards multiple personal or group financial goals. This feature helps users achieve specific objectives with an interest rate of 12% per annum.
Can I save money in US Dollars using PiggyVest?
Yes, PiggyVest allows users to save money in US Dollars through its 'Flex Dollar' feature. Users can earn interest of up to 7% per annum on their dollar savings.
How do PiggyVest Piggy Points work?
PiggyVest users earn Piggy Points when they save. These points can be converted to cash or used for free bank transfers, with 1 Piggy Point equating to ₦10.
Can I make instant withdrawals from my PiggyVest account?
Yes, PiggyVest supports instant withdrawals. Users can withdraw funds to their PocketApp in seconds or directly to their bank account at any time, providing quick access to funds.
The following screenshots and description are sourced directly from the app's official store listing and are the property of the app developer.
App Store
Screenshots
The app presents a clear 'Total Savings' balance and personalized 'Suggestions For You' to guide users in their financial journey.
Dashboard Overview
This tool highlights robust 'Safety Guaranteed' features, including SEC licensing and two-factor authentication, assuring users of data protection.
Security Measures
Users can easily activate the 'Enable AutoSave' toggle for consistent contributions and review their savings history with 'Quicksave' entries.
Automated Savings
The platform showcases an 'Investify Balance' with potential returns up to 35% and a curated list of 'Vetted Opportunities' for diversified investments.
Investment Opportunities
This feature allows users to 'Lock funds you don't want to touch' with a prominent 'New Safelock' button and displays various 'Recommendations' for fixed savings.
Secure Lock Funds
The app facilitates emergency savings through 'Flex Naira', offering quick 'Add Money' and 'Withdraw' options alongside a detailed transaction history.
Emergency Fund Management
Users can set a 'New Target' for personal goals or explore 'Promoted Savings Groups' to save collaboratively towards financial objectives.
Goal-Oriented Saving
The 'Flex Dollar' feature enables users to 'Save in Dollars' and offers convenient options to 'Convert To Naira', providing currency flexibility.
Dollar Savings
The 'Piggy Points' system allows users to track their accumulated points balance and use the 'Redeem Points' button to convert them to cash or free transfers.
Earn Rewards
This screen displays the 'Withdraw From Flex' functionality, allowing users to select destinations like 'PocketApp' for quick and secure fund transfers.
Instant Withdrawals
Description
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This page is not an official page of the app or its developer, but an independent editorial publication created for informational and commentary purposes. Unless expressly stated otherwise, neither the app nor its developer is affiliated with, endorsed by, sponsored by, authorized by, or otherwise officially connected with MWM, Apple, Google Play, the app publisher, or the app's developer, and nothing on this page implies that the app was developed using MWM's services. Any trademarks, logos, screenshots, and other content remain the property of their respective owners.