Piggyvest Vs Cowrywise 2022 Review: Which One Is Better For Saving? Check Right Now

Hey guys in this article am going to share with you, the Piggyvest vs Cowrywise  reviw in 2022. So am going to share everything you need to know about both Piggyvest and Cowrywise right now.


Whatn Is Piggyvest And Cowrywise?

Piggyvest and Cowrywise are the best platform to savings money in Nigeria. you can either save in dollars or naira.

Piggyvest vs Cowrywise

Though each of this platforms, are official Fintech corporations which can be gaining quick reputation and intensive use, they do have main variations.

Piggyvest vs Cowrywise

Before i move to the main content ” Piggyvest vs Cowrywise Review ” let me first share Piggyvest and Cowrywise briefly with you.

What Is Piggyvest?

PiggyVest is West Africa’s first on-line “Financial savings & Funding” platform. On the seventh of January 2016, Joshua Chibueze established Piggybank.ng as only savings platform.


Then in April of 2019, Piggybank modified their platform name and change their domain (URL) to “PiggyVest.com” and started offering direct funding with financial savings.

Piggyvest customers investments and save billions of Naira every month.

What Is Cowrywise?

CowryWise is a Lagos-based monetary expertise and monetary providers launched in July 2017 by Razaq Ahmed and Edward Popoola.

Cowrywise group has partnered with Meristem Trustees and has processed over $1.5 million in financial savings for their customers since its inception in 2017.


Cowrywise has been offering Africans with safe access to financial savings and funding merchandise via digitizing funding administration and are fostering a financial savings and funding tradition among the many African center class and millennials, who’re changing into more and more underserved.

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Piggyvest vs Cowrywise Savings Plan.

In this section am going to talk about their financial savings plans,  including investment and rate of interest to go for between both platform. so let dive in…..

Piggyvest financial savings plans

There is 4 completely different financial saving plans that will  allow you to get pleasure from massive earnings.

So under are the plans, there is :

  • Default Financial savings

Save regularly, both manually or  mechanically. You can even save by yourself as you go. Select the way you need to save as a result you will be in charge of your financial savings.

  • Safelock

Piggyvest  Safelock savings plan will permits you to lower your expenses for a predetermined size of time and never have entry to it till it reaches maturity.

  • Goal Financial savings
  1. Do you may have a financial savings objective for your self?
  2. Are you saving up cash for a brand new cellphone?
  3. Is it your father’s shock birthday?
  4. A brand new automobile and a memorable trip?

This Goal Financial savings plan will makes it easy and fast for you  to attain your whole financial savings aims.

  • Flex naira

Enhance the amount of cash in your emergency fund! Emergencies might happen at any time.


Constructing an emergency fund in Flex Naira will assist you to keep forward of the sport, permitting you to keep away from borrowing or further monetary pressure within the occasion of a catastrophe.

The most effective half is that you just get pursuits.

[Piggyvest vs Cowrywise]

Cowrywise financial savings plans

just like Piggyves, the Cowrywise, also has 4 completely different financial savings plans on Cowrywise platform and they’re automated, and it’s higher rates of interest than banks and you’ll reap the total advantages.

There aren’t any repercussions. There aren’t any fees. It’s fully free.

So under are the plans, there is :

  • Common Financial savings

For no less than three months, lower your expenses in your phrases with just a rate of interest of 10-15 % each year and you’re going to get paid properly to your perseverance.

  • Life Objectives

Lengthy term planning for all times’s most important targets. A minimal of 1 12 months is required, with unimaginable outcomes.

  • Halal Financial savings

Get monetary savings with or with out automation, freed from riba, completely interest free plan.

Appropriate for Muslims who don’t need pursuits.

  • Saving Circles

On this plan, you will be allowed to set targets for your self and collaborate with others to attain them. You may anticipate juicy earnings.

Last Year, published  How To Make Money And Invest With CowryWise Right Now you can take a look.

Piggyvest VS Cowrywise: Investing

Piggyvest gives an Investify funding possibility.

Their investment program will permits you to spend money on low-medium risk and secondary funding alternatives which were pre-vetted.

There aren’t any hidden charges or fees.

You can begin investing in quite a few industries, reminiscent of mounted revenue devices, agriculture, and transportation, with a minimal of 5,000 Naira.

Clients on Cowrywise, then again, can solely spend money on Naira and greenback mutual funds. It has the best collection of mutual funds in Nigeria.

[Piggyvest vs Cowrywise]

Piggyvest VS Cowrywise: Rate of interest

Piggyvest’s regular financial savings plan, there is an annual rate of interest of 8%, whereas its Safe lock plan has an annual rate of interest of as much as 13%, and its Goal financial savings plan has an annual rate of interest of 8%, as does its Flex Naira plan.

Cowrywise vs Piggyvestise vs Piggyvest

Cowrywise then again gives a dynamic rate of interest on its financial savings plans. However the curiosity tends to be round 5% to 12%.

Piggyvest Vs Cowrywise:  Which One Is Better For Saving? Check Right Here.

From what you have read from the beginning of this article, on “Piggyvest Vs Cowrywise”,

You will see that both Piggyvest and Cowrywise are nice and safe savings platforms when it comes to managing customers’ cash and permitting them to take a position for juicy earnings in return.

Cowrywise platform will only permits you to spend money on mutual funds, which regularly have modest rates of interest.

and Piggyvest, then again, offer superior funding alternatives with a exceptional rate of interest of as much as 25%.

My Opinion

For mr, both platforms are good and safe to use, it significantly relies on you which ones one you select to handle your cash and investments your money with.

NOTE: when it comes to rates of interest, Piggyvest is barely superior to Cowrywise.

If you happen to require help in utilizing one of many platforms this comparability is between, let me know possibly I may be of assist.


Thanks for reading this Piggyvest vs Cowrywise review till the end. I really appreciate that That’s all I have for  Piggyvest vs Cowrywise.


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