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| PiggyVest logo |
Are you a reckless spender? why not try PiggyVest!!!
Our fathers made a concerted effort to limit their expenditures by putting money in piggy banks (Kolo).
Our generation has benefited much from technological advancements, and life has become much easier. Last year, I planned to buy a laptop at the end of the year but was unable to do so owing to unanticipated circumstances, and as you know, money has an irresistible magnetic attraction.
I was devastated because the laptop was the most important tool I needed for my digital adventure.
I was doing something online in December when I came across a Facebook post. The writer was testifying about how he was able to save and lock his funds on PiggyVest, which we all know is a function that banks lack. He went on to say that the monies had aided him in his studies that year.
This impacted me greatly, so I downloaded the PiggyVest app and began my savings journey.
The history, as well as some of the features and needs, are listed here.
- History
Odunayo Eweniyi, 25, and Joshua Chibueze, 25, met in their Nigerian university for the first time. In 2014, they collaborated on a digital job portal called PushCV with Somto Ifezue, whom they met at university. PiggyVest was founded by them in 2016.
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| Odunayo Eweniyi, PiggyVest Co Founder |
PiggyVest is West Africa's first online "Savings & Investment" app. On the 7th of January 2016, it was launched as "Piggybank.ng" as a savings-only platform.
It only offered savings to their users for three years. Then, in April of this 2019, it was renamed "PiggyVest" and began providing consumers direct investing opportunities with savings.
It has maintained to provide exceptional service to its 1,000,000+ users for the past 5 years, assisting them in managing their funds with ease and transparency. Every month, its consumers save and spend billions of Naira that they would have spent otherwise.
PiggyVest's purpose is to "empower everyone to better manage and increase their finances," and it intends to be the best at it.
- Requirements
Here's where you can get the PiggyVest App or register. Become a member. Enter your BVN and make sure you have a valid ID (NIN, voter's card, driver's license, etc.) before proceeding to the next step.
- Features
On PiggyVest, you may set up an automatic savings plan that will deduct money from your account daily, weekly, or monthly. The features of the app are listed below.
Piggybank: You can only withdraw once every three months; there is a penalty if you withdraw before the maturity date, and the minimum withdrawal is #2,000.
Piggyflex naira: You can withdraw at any moment, with a minimum of 2k.
Piggyflex Dollar: Store your money in Dollar piggyflex.
Safelock: This is where you may keep your money safe and secure. Only on the maturity date can you withdraw.
Target: you save for a target and can withdraw it when it reaches its maturity date.
Investify: Here you can put your money into any investment, with a #5,000 minimum.
PiggyVest provides you interest on your money every month.
Have you downloaded the app if not download it here or register to use the site and enjoy the freedom of saving.
What do you think??
About the Author
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| Ifenaike Oluwaseyi Ifelade |
Ifenaike Oluwaseyi Ifelade is a Nigerian writer whose work has been published on Dallas local newspaper, Georgia, Usa. Also, he is a Copywriter and a promising Graphics designer.
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