Best Nigeria-based investing apps
It’s a new year and a lot of us added saving a specific amount of money or making an amount of money to our 2023 checklist✅.
I have curated a list of the best apps for investment in Nigeria to increase the chances of checking that goal this year. cha-ching! 💸
As a lot of financial educators have said over and over again, `saving money in the bank is basically at loss` but then where should we save? 🤧. Here are the best fintech apps you can use to invest in Nigeria.
- Piggyvest
We can’t talk about saving money without mentioning Piggyvest.
Piggyvest is one of the most used apps for investing in Nigeria, with over 4 million users I think it’s okay to call them the giant of saving in Nigeria.
They offer returns of 5% — 25%, and they have a variety of different saving and investment styles, from automated savings to fixed to flexible and to even goal-oriented to help you catch up with your 2023 saving goal😉
Get started with Piggyvest
2. Cowrywise
Cowrywise has made its name as a very good savings app, They offer various features to help you save like saving with people you know, creating multiple savings plans, and investing in mutual funds… and guess what! , They are adding US stocks and bonds soon 🚀
Get started with Cowrywise
3. Branch
Okay, So Branch is popular for the wrong reason, for loans !!!🤮
Who needs loans when you are getting a 15 -20% return for your savings?
Branch offers two investment plans, the Fixed and the Flexible.
With the Fixed, the return is 20% but you can’t break your investment before the maturity date, with the Flexible, the return is 15% and you can withdraw or break your investment at any time.
4. Bamboo
Now on to the best stock investment app in Nigeria, Bamboo!!!
With Bamboo, Over 500 thousand Nigerians are now investing in US & Nigerian stocks and ETFs plus they have a fixed return investment of 8%.
With Bamboo, you can see the investment picks from the world’s best investors including Warren Buffet and Bill Gates, isn’t that crazy???
I know it is, Get started with Bamboo
5. Risevest
With Rise, the choice is yours, you get to pick whether you want to invest in Stocks, real estate, and fixed income depending on the risk you want to take. And in fact you can invest in all of them at the same time with different amounts 😁
You can set investment goals to fulfill your 2023 goal of saving a specific amount of money 💸
Get started with Risevest
6. Trove
Ouuuuuuh, Trove’s the stuff.
Trove lets you invest in Nigerian, Chinese, and American stocks, bonds and ETFs for as low as ₦1000 Naira.
Awesome right? , Cheap fees, and fast withdrawals, I don’t think it gets better.
Get started with Trove
7. Binance
If you don’t know Binance you are probably under a rock, sorry 🤧.
Well apart from trading cryptocurrencies, Binance has features to help you save that money this year.
With Binance Earn, We have (1) Guaranteed, Which will give you returns that are stable. (2) Savings, Binance has two types of savings, flexible and fixed.
With Flexible, you can withdraw your money anytime but with Fixed, it needs to reach its maturity date.
Get started with Binance
8. Pillow
With Pillow, you stand to get up to 14 % in investment returns and zero transaction fees
Pillow has a dedicated research team that actively looks at 500+ protocols across 10+ chains to find the safest protocols to invest the users’ savings in. These protocols are spread across various business models such as lending & borrowing, single-sided staking, insurance, etc.
Get started with Pillow and use the referral code ‘PPXFC9’ to get a $1 bonus
9. WealthNG
Similar to Bamboo, WealthNg allows us to invest in a variety of stocks, they have a fixed income investment of up to 13%, invest in local and international stocks, invest in agriculture to get returns of up to 22%, and last but not the least, invest in Real Estate ( Fractional Property Ownership & REITs ) to get a yield of up to 20%
Get started with WealthNG
HONOURABLE MENTIONS
GetEquity has been a go-to for Africans when investing in private companies and startups, Go own a piece of your favorite startup!!!
Hervest was built for women to learn about finance and grow wealth.
Just like Branch, a lot of people know Carbon just as a loan app.
Accrue, Own stocks, auto-invest, create triggers for investment, and make cross-border payments.
Chaka, Invest in dollar assets that are in line with your goals
CONCLUSION
Invest!!!
