Quick Answer: How Genuine Is Cowrywise?

Can PiggyVest be trusted?

The PiggyVest app is available on both Android and iOS, and is very trust-worthy.

Saving with PiggyVest is not just safe and secure, but it also disciplines you by giving an option of locking your funds until designated release date..

How do I change maturity date on Cowrywise?

To do that, please send an email to support@cowrywise.com requesting for the maturity date to be extended.

Is PiggyVest insured by NDIC?

100%. We operate as an MFB regulated by the CBN and funds insured by the NDIC. Kindly see piggybank.ng/faq for more information.

How can I invest 200k in Nigeria?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

Who is the owner of PiggyVest?

Odunayo EweniyiOdunayo Eweniyi is Co-founder and COO of PiggyVest. She previously cofounded pushcv.com, one of the largest job sites in Africa with the largest database of prescreened candidates.

Can my BVN be hacked?

BVN means Bank Verification Number. … It is a rumour that once you give out your bvn number to wrong people, they automatically have access to your account and can steal money from your bank account. This is not true!!! Note that BVN number is different from the PIN you set for your ATM card.

How do I invest in PiggyVest?

How to invest money with PiggyVestCreate an account. First step is to create an account. The process is very easy. … Navigate to investify. Once you are inside your piggyVesy account Dashboard. … Review investment opportunities and invest. You will find various investment opportunities.

Is Cowrywise insured?

At Cowrywise, security is a priority for us and we ensure that your savings and investments are very well protected.

Where can I invest my money in Nigeria?

Best Investment Options in Nigeria#2 FGN Savings Bonds.#3 Treasury Bills.#5 Mutual Funds.#6 Gold.#7 Stocks.#8 Real Estates.#9 Digital Farm Crowd Funding Platforms.

How safe is Cowrywise?

Our Payment processors are PCI-DSS compliant to ensure optimum security of your data electronically. All card and bank data are encrypted to prevent unauthorized access to sensitive information.

What are the 4 types of investments?

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.Growth investments. … Shares. … Property. … Defensive investments. … Cash. … Fixed interest.

What should I invest in Nigeria 2020?

Here are the most lucrative investment opportunities in Nigeria:Agriculture. Nigeria’s population is estimated to be over 200 million. … Real Estate. Real Estate in one of the most profitable investment opportunities in Nigeria. … Oil and Gas. … Mining. … Manufacturing Industry. … FGN Savings Bond. … Stocks. … Fixed deposit.More items…

Can I withdraw all my money from PiggyVest?

Can I choose any amount to withdraw per time? Yes, you can! Simply log into your account and click on the withdraw option, then input the amount you want to withdraw. PS: The minimum amount that can be accessed from your Piggybank and Flex Naira wallets is N3000 and N2000 respectively.

How do you earn PiggyVest?

There are four ways you can make money with PiggyVest:Get N1000 from your first savings of at least N1000.Make money from interest on funds placed in your online Nigerian piggy bank.Make money with Piggy Points.Make money with the Piggybank referral Program.

Is PiggyVest better than Cowrywise?

Both Cowrywise and PiggyVest offer great interest rates. While the least interest rate is 10% per year for both, PiggyVest however offers 13% to users locked into its SafeLock plan. Users of the Piggybank and Target Savings get 10% interest. Cowrywise users get 10% for starters across board.

Is PiggyVest a bank?

PiggyVest is a digital automated savings and investment platform which allows users to invest spare money with promises of higher interest rates than a typical savings account. … “We offer our users 10 – 13% interests on savings and we have a margin of 3-5% of saved funds taken as revenue.

When was Cowrywise created?

2017CowryWise/Founded

How do I invest in Cowrywise?

To invest in mutual funds, using Cowrywise, you’ll need to signup and login to take a short risk assessment. The results of this test will help us suggest funds you can invest in. Once you’ve chosen a fund, all you need do is buy some units of the fund to have your money invested in it.