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Nigeria
15 Feb 2016 (10 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Piggyvest
Company Information
Get to know Piggyvest
Founded in 2016 as "Piggybank.ng," the company initially focused on providing a digital solution for automated savings. In 2019, it rebranded to Piggyvest to reflect its expansion into investment services. The company's mission is to give everyone the power to better manage and grow their own finances. Through its platform, users can access a variety of savings tools (like automated savings, fixed-term savings, and goal-oriented savings) as well as investment opportunities in assets like mutual funds and stocks, which are managed by a licensed third-party asset manager.
Industry
Review Analytic
sharksjemmie
Direct
Great
Overall Thought
Piggyvest1 is amazing. I'm glad to come across the platform. Easy to navigate and less complicated. I only wish there was a permanent saving fund plan that can not be disbursed till specified date. Overall, it's a pretty nice experience on Piggyvest. I love it.
Victor Adebayo Joseph
Direct
Great
Overall Thought
PiggyVest is some surprise Africa wasn't expecting. You can save your money and earn interest. Save for school, house or what have you. You can even invest in Companies. I am very happy African Developers are stepping up the challenge. Best savings App in Nigeria and probably Africa.
Victor Adebayo Joseph
Direct
Great
Overall Thought
PiggyVest is some surprise Africa wasn't expecting. You can save your money and earn interest. Save for school, house or what have you. You can even invest in Companies. I am very happy African Developers are stepping up the challenge. Best savings App in Nigeria and probably Africa. It's even better than some Banks. And I can trust them to keep my funds safe.
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