PennyTree is a fintech company focused on the Nigerian market, positioning itself as a "digital piggy bank" or "wealth tech" platform. Its mission is to make saving and investing accessible and effortless for everyone. The core service is delivered through a mobile app that offers features like "Penn Rules" (which automates savings by rounding up users' bank transactions and saving the difference), "Target Savings" for specific goals, and "Vault" for secure long-term savings. The company is licensed by the Nigerian Securities and Exchange Commission (SEC) as a digital sub-broker, allowing it to offer investment opportunities to its users.

Founded in

Nigeria