5 Investment Apps for Saving, Growing Your Money in Nigeria

by Opeoluwa Falodun

Looking for the top Investment Apps for Saving and Growing Your Money in Nigeria as a salary earner, civil servant or business owner?

If you’re looking to securely save and grow your money in Nigeria through a reliable savings platform, continue reading. This article will present you with trustworthy money-saving apps that offer safety, security, and high-interest returns.

The primary purpose of these money-saving apps is to assist you in fostering a savings culture while simultaneously providing access to investment plans to build future wealth.

These apps are designed to help you achieve various financial goals, whether they be short-term or long-term. An appealing aspect of savings apps is their versatility, offering a savings plan suitable for everyone, regardless of their income or financial standing.

We encourage you to make the most of this informative article and leverage these apps to navigate your way through financial challenges. Here, we present the top money-saving apps in Nigeria.

1. Piggyvest

PiggyVest stands as the premier money-saving app in Nigeria, marking itself as the first online savings and investment app in West Africa. Originally launched as “Piggybank.ng” on January 7, 2016, it initially served as a savings-only platform.

Beyond its core function of aiding individuals in saving and growing their funds, PiggyVest also provides investment opportunities. This unique feature allows users to both save money and invest a portion of their funds, potentially yielding a substantial return on investment.

With over 1 million downloads on the Google Play Store and a user base exceeding 4 million in Nigeria, the PiggyVest app has garnered significant popularity and trust among users.


2.  Cowrywise

Cowryrise remains one of the best Investment Apps for Saving and Growing Your Money in Nigeria. Cowrywise is another outstanding app for saving and growing your money in Nigeria. Distinguished by its absence of penalties and fees, the app offers free registration and was introduced in 2017 to cater to the financial requirements of Nigerians.

This money-saving app facilitates the automation of your funds and enables you to save towards specific goals. Moreover, it presents an opportunity for both saving and investing your money. With just one account, you can employ various savings methods, promising an attractive interest rate on your funds.

The Cowrywise app has achieved over 500,000 downloads on the Play Store, attesting to its popularity and the trust it has garnered among users.

3. Kuda bank

The Kuda bank app is designed to assist you in saving and managing your money, preventing unnecessary spending, and preparing you for unforeseen financial challenges. Positioned as a financial app for Africans, Kuda enables users to save, invest, and make transfers without incurring charges. With an impressive record of over 5 million downloads on the Google Play Store, the Kuda bank app has gained significant popularity, reflecting the trust and reliance placed in it by a substantial user base.

4. SumoTrust

If you find yourself facing challenges in saving money, SumoTrust offers assistance in developing the habit of savings and investment. It serves as a platform to help you save for both short and long-term financial goals through a range of savings plans.

Transparent in its operations, SumoTrust, like other money-saving apps, is designed to expedite your progress toward achieving your financial targets, making the process more efficient than you might anticipate.


5 Digikolo

Digikolo emerged as a novel savings app in Nigeria, offering a platform for users to save and grow their money. Although it may not be widely known, Digikolo is emphasized as a safe and secure option. Users of Digikolo can anticipate up to a 13.5% interest return on their saved money annually.

Despite its relatively lower visibility, Digikolo has garnered around 5 thousand app downloads on the Play Store, suggesting a growing user base. This app positions itself as a promising avenue for individuals seeking both security and potential returns on their savings.

Now that you know top Investment Apps for Saving and Growing Your Money in Nigeria, we wish you the very best

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