PiggyVest
What PiggyVest is
PiggyVest is a savings and investment service for people working toward financial goals. PiggyBank supports automatic daily, weekly, or monthly savings, plus manual top-ups. SafeLock sets funds aside for a chosen term of 10 to 1,000 days, with interest paid upfront or at maturity; Target Savings supports personal aims and group challenges. HouseMoney is for rent and household bills and states that it pays 15% interest per annum, monthly. Investify provides pre-vetted opportunities, with minimums that vary by opportunity. It can only be funded from a Flex Naira wallet, and some investments have a 1% processing fee. PiggyVest is available on Android, iOS, and web. The service has no monthly fees or transaction charges, though product processing fees and early-withdrawal penalties may apply. 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.
Who it suits
PiggyVest suits people who want scheduled or manual savings, goal-based saving, longer-term fund locking, or investment options. Its different savings features address regular deposits, bills, and group challenges.
What it does well
- Supports daily, weekly, or monthly automatic savings
- SafeLock terms range from 10 to 1,000 days
- Target Savings supports group challenges
- Available on Android, iOS, and web
What to know first
- Investify requires funding from a Flex Naira wallet
- Some investments carry a 1% processing fee
- Early withdrawals may incur penalties
Limits
PiggyVest has no monthly fees or transaction charges, but some products have processing fees and early withdrawals may incur penalties. Some Investify opportunities carry a 1% processing fee, and Investify can only be funded from a Flex Naira wallet.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| PiggyVest services | No transaction charges or monthly fees; some products have processing fees · early withdrawals may incur penalties | Free |
As piggyvest.com lists them, read 30 Sept 2026. The maker's own page has the final word.
Getting started
- Open piggyvest.com.
- Use PiggyVest on Android, iOS, or the web.
- Choose a savings option: PiggyBank, SafeLock, Target Savings, or HouseMoney.
- For Investify, fund it from a Flex Naira wallet and review the minimum for the opportunity.
Verdict
PiggyVest combines several savings approaches with investment opportunities in a free service. Check the funding restriction and possible fees or withdrawal penalties for the products you plan to use.
Questions
Is PiggyVest free?
The service is listed as free, with no monthly fees or transaction charges. Some products may have processing fees, and early withdrawals may incur penalties.
Which devices can I use PiggyVest on?
PiggyVest is available on Android, iOS, and the web.
How does scheduled saving work?
PiggyBank supports automatic daily, weekly, or monthly savings. Users can also add money manually.
How long can money be locked with SafeLock?
SafeLock terms range from 10 to 1,000 days. Interest is paid upfront or at maturity.
What does Investify require?
Investify can only be funded from a Flex Naira wallet. Minimums vary by opportunity, and some investments carry a 1% processing fee.
Who manages customer funds?
PiggyVest says customer funds are warehoused and managed by PV Capital Limited, which it describes as registered with Nigeria’s Securities and Exchange Commission.
Facts from PiggyVest's own pages
- Automated savings
- PiggyBank supports automatic daily, weekly, or monthly savings, as well as manual top-ups. · piggyvest.com, 30 Sept 2026
- 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. · piggyvest.com, 30 Sept 2026
- Fixed savings
- SafeLock lets users lock funds for 10 to 1,000 days and earn interest paid upfront or at maturity. · piggyvest.com, 30 Sept 2026
- Founded
- 2016 · piggyvest.com, 28 Sept 2026
- 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. · piggyvest.com, 30 Sept 2026
- Goal savings
- Target Savings supports personal goals and group savings challenges. · piggyvest.com, 30 Sept 2026
- Headquarters
- Victoria Island, Lagos, Nigeria · piggyvest.com, 28 Sept 2026
- Investment limits and fees
- Investify can only be funded from a Flex Naira wallet, and some investments carry a 1% processing fee. · piggyvest.com, 30 Sept 2026
- Investment options
- Investify offers pre-vetted investment opportunities, and investment minimums vary by opportunity. · piggyvest.com, 30 Sept 2026
- Payment processors
- PiggyVest says it uses Paystack and Flutterwave, which it describes as PCI DSS compliant, to handle card details. · piggyvest.com, 30 Sept 2026
- Rent planning
- HouseMoney lets users set aside rent and household bills and states that it pays 15% interest per annum, monthly. · piggyvest.com, 30 Sept 2026
- Security
- PiggyVest says it uses 256-bit SSL encryption, encrypts card and bank data, and provides two-factor authentication. · piggyvest.com, 30 Sept 2026
- Support
- PiggyVest lists an office in Victoria Island, Lagos, and provides an email address, social accounts, and phone number for contact. · piggyvest.com, 30 Sept 2026
- What it does
- PiggyVest helps customers save and invest to achieve financial goals. · piggyvest.com, 30 Sept 2026
- 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. · piggyvest.com, 30 Sept 2026
Where PiggyVest stands on Freedom251
- Savings Apps#3 of 13
- Automated Savings Apps#9 of 17