Piggyvest is an online savings platform that allows you to save and invest, basically. Piggyvest has a large customer base of loyal users that trust the platform. The platform allows users to save towards a purpose and get interests while saving/investing.
Piggyvest is really worth the hype among Nigerian users because there are so many advantages to using their app whether on Android or on an iPhone. First of all, their level of security is unmatched. The platform is made secure by 256 bits of SSL security encryption and this means that all your personal information and bank data will be 100% secure from hacks and fraud. You could also build your savings through the automated savings, the fixed savings, the goal-oriented savings option, flexible savings or even Dollar savings.
5 Trusted Piggyvest Alternatives For Investing
Are there other options like Piggyvest again in the Nigerian online banking sphere? Well, we are happy to break it to you because, yes, there are! In fact, We have 5 trusted and tested Piggyvest alternatives for investing in naira or dollars. Shall we show you? Let’s see them.
Cowrywise is an online banking platform for Nigerians that is very similar in function to Piggyvest. It is a very good alternative to Piggyvest because they have a solid blueprint that you can follow to plan, save or invest. Cowrywise offers you three legit steps you should follow to financial freedom. They are: Planning your future ahead, saving money aggressively, and finally investing your money. Cowrywise allows you to do all these for free.
You can get the Cowrywise app on Google Play Store for Android users or you can download the Cowrywise app from Appstore for iPhone users. To start saving and investing with Cowrywise, all you need to do is to create an account first by signing up, then you add a payment method (debit card, bank account, etc.) to set up your plan, then you invest some amount into any of Cowrywise’ investment plans and watch your investment yield returns.
Cowrywise has top-notch security just like Piggyvest has, so no worries about fraud and hacks. Your information and online banking data are very safe.
Alat by Wema
Alat is an online banking platform for Nigerians on which people can save money, take loans, invest their money for more returns etc. Alat is a very good alternative to Piggyvest that we recommend highly. With Alat, you can plan on how you want to spend your money, split payments with friends when you hangout, and save money for the future with ease.
To open an account with Alat is very easy. All you need is your mobile phone or computer, your phone number and your BVN. There is absolutely no paperwork required to open an Alat account and the entire process can be done and completed online / digitally. When you save up for a long time, you will get 10% interest on your savings annually. Also, you can get instant loans very easily. Also, you can use your ALAT card to make international/dollar payments!
Bamboo is an international banking platform that you can also use as a Nigerian to buy stocks and shares. To start investing with Bamboo, you need to provide relevant information during the signup process like your country of residence, your full name, your gender, your date of birth, email address, etc. Your BVN will also be requested for you. Once you have provided the necessary information, you can then proceed to saving and investing on the platform. We explained how Bamboo works and everything you need here
We absolutely recommend that you Risevest. No matter the country you live in in the world, you can invest with Risevest. Risevest connects you to US investments that earn returns in dollars. You can start investing as a Nigerian with as low as $10! The investments are dollar-denominated. All you have to do is to get the app on Google Play Store or Apple Store.
Recommendation: How to Make Money With Risevest