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When looking for an app to save or invest on one of the app is piggyvest but because of the way scammers are moving about scamming and fruading people online someone might have a question is piggyvest a legit application to invest on?
Well during the time that I came to know of it piggy vest ,it was an app use to save . It automatically deduct money from your bank account when it is time to save and it return the money back into your account as soon as the period you select to save is exhausted.it was an app use to save. HoweverRead more
Well during the time that I came to know of it piggy vest ,it was an app use to save . It automatically deduct money from your bank account when it is time to save and it return the money back into your account as soon as the period you select to save is exhausted.it was an app use to save.
See lessHowever currently it is not in use as most people I know has already left the app and I think it has cast ,and there is no one really relying on it usage any more so it would be advisable not to think of saving in it.
PiggyVest is considered a legitimate and trusted financial technology platform according to several factors: - Regulation - PiggyVest is registered with the Securities and Exchange Commission (SEC) in Nigeria as a savings platform. They are regulated by the SEC to protect users. - Reputation - PiggyRead more
PiggyVest is considered a legitimate and trusted financial technology platform according to several factors:
– Regulation – PiggyVest is registered with the Securities and Exchange Commission (SEC) in Nigeria as a savings platform. They are regulated by the SEC to protect users.
– Reputation – PiggyVest has built a reputation over the past 5+ years as a reliable and secure savings and investment app with over 1 million registered users.
– Track record – Since launching in 2016, PiggyVest claims users have deposited over 5 billion naira into their Piggybank savings product with no reported cases of fraud.
– Backing – PiggyVest is backed by reputable venture capital firms including LeadPath Nigeria, Ventures Platform, Pariti, and others. The funding from established firms lends credibility.
– Security – PiggyVest states funds are held with regulated partners including zenith bank, WEMA Bank, NPF MicroFinance Bank and other SEC-regulated asset management companies. This provides security layers.
– Insurance – Balances up to 2 million naira are reportedly insured against theft or fraud through a partnership with Ensure Insurance. This protects user funds.
– Reviews – User reviews of PiggyVest on sites like TrustPilot rate it highly for security, customer service, and ease of use. Few complaints relate to fraud.
So in summary, while no financial platform is 100% risk-free, the regulatory status, backers, security measures, reputation and reviews suggest PiggyVest is considered a legitimate fintech app for managing savings and investments in Nigeria. As always, users should exercise appropriate caution with any platform handling their money.
See lessPiggyvest a financial technology platform which I'm familiar with, it allows it's users to save and invest money through various savings and investment options. Its effectiveness as a savings app can vary depending on your financial goals and preferences. It has been generally well-received for helpRead more
Piggyvest a financial technology platform which I’m familiar with, it allows it’s users to save and invest money through various savings and investment options. Its effectiveness as a savings app can vary depending on your financial goals and preferences. It has been generally well-received for helping people save and invest, but like any financial service, it’s essential to research and understand its features, fees, and terms to determine if it aligns with your financial goals and needs. I had been using the application for more than years now, I strongly recommend piggyvest to everyone out there.
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