PiggyVest
piggyvest.com
What it is
PiggyVest helps customers save and invest toward financial goals, with options for scheduled saving, goal-based saving, locking funds, and investment opportunities. PiggyBank supports automatic daily, weekly, or monthly deposits as well as manual top-ups. SafeLock lets users set funds aside for 10 to 1,000 days, with interest paid upfront or at maturity. Target Savings supports personal goals and group savings challenges. HouseMoney is for rent and household bills and states that it pays 15% interest per annum, monthly. Investify offers pre-vetted opportunities with minimums that vary by investment; it can only be funded from a Flex Naira wallet, and some investments have a 1% processing fee. PiggyVest says it uses 256-bit SSL encryption, encrypts card and bank data, and offers two-factor authentication. It says customer funds are managed by PV Capital Limited, which it describes as registered with Nigeria’s Securities and Exchange Commission. The service is available on Android, iOS, and the web. It has no monthly fees or transaction charges, though some products may involve fees or early-withdrawal penalties.
Spec sheet
- What it does
- PiggyVest helps customers save and invest to achieve financial goals.Read 30 Sep 2026 · piggyvest.com
- Security
- PiggyVest says it uses 256-bit SSL encryption, encrypts card and bank data, and provides two-factor authentication.Read 30 Sep 2026 · piggyvest.com
- Support
- PiggyVest lists an office in Victoria Island, Lagos, and provides an email address, social accounts, and phone number for contact.Read 30 Sep 2026 · piggyvest.com
- Headquarters
- Victoria Island, Lagos, NigeriaRead 28 Sep 2026 · piggyvest.com
- Founded
- 2016Read 28 Sep 2026 · piggyvest.com
- Automated savings
- PiggyBank supports automatic daily, weekly, or monthly savings, as well as manual top-ups.Read 30 Sep 2026 · piggyvest.com
- Company history
- PiggyVest says it launched as Piggybank.ng on January 7, 2016, and rebranded in April 2019 as it began offering direct investment opportunities.Read 30 Sep 2026 · piggyvest.com
- Fixed savings
- SafeLock lets users lock funds for 10 to 1,000 days and earn interest paid upfront or at maturity.Read 30 Sep 2026 · piggyvest.com
- Funds and regulation
- PiggyVest says customer funds are warehoused and managed by PV Capital Limited, which it describes as registered with Nigeria’s Securities and Exchange Commission.Read 30 Sep 2026 · piggyvest.com
- Goal savings
- Target Savings supports personal goals and group savings challenges.Read 30 Sep 2026 · piggyvest.com
- Investment limits and fees
- Investify can only be funded from a Flex Naira wallet, and some investments carry a 1% processing fee.Read 30 Sep 2026 · piggyvest.com
- Investment options
- Investify offers pre-vetted investment opportunities, and investment minimums vary by opportunity.Read 30 Sep 2026 · piggyvest.com
- Payment processors
- PiggyVest says it uses Paystack and Flutterwave, which it describes as PCI DSS compliant, to handle card details.Read 30 Sep 2026 · piggyvest.com
- Rent planning
- HouseMoney lets users set aside rent and household bills and states that it pays 15% interest per annum, monthly.Read 30 Sep 2026 · piggyvest.com
- Who it is for
- PiggyVest describes its savings and investment options as tailored to different needs, including regular saving, specific goals, long-term locking, and investing.Read 30 Sep 2026 · piggyvest.com
Plans and prices
PiggyVest services Free No transaction charges or monthly fees; some products have processing fees · early withdrawals may incur penalties Read 30 Sep 2026 · piggyvest.com
Strong points and limits
Strong points
- Supports automatic daily, weekly, or monthly savings.
- SafeLock terms range from 10 to 1,000 days.
- Target Savings supports group challenges.
- Available on Android, iOS, and the web.
- No monthly fees or transaction charges.
Limits
- Some investments have a 1% processing fee.
- Investify can only be funded from a Flex Naira wallet.
- Early withdrawals may incur penalties.
- Investment minimums vary by opportunity.
Who it suits
PiggyVest suits people saving regularly, setting aside money for specific goals or bills, locking funds for a set period, or considering investment opportunities. Its options include both individual goals and group savings challenges.
Verdict
PiggyVest offers distinct options for recurring deposits, goals, fixed-term savings, bills, and investments. Check the investment funding restriction and possible fees or early-withdrawal penalties before choosing a product.
Where Specifiction places it
- Savings Apps#6 of 137.7
- Automated Savings Apps#13 of 187.7
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