The digital platform for saving and investing, PiggyVest, has declared that it's raising the interest rates for some of its offerings, to celebrate eight years of operating in the African market.
A memo from the company on the anniversary, signed by Associate Content Strategist, Piggyvest, Boluwatife Akindele, disclosed that the platform had nearly five million users.
He said, “We are extremely thankful to our users who have trusted us with their financial objectives during the past eight years. This anniversary shows the trust and confidence they have placed in us, and we are committed to providing innovative solutions that enable Nigerians to attain financial independence.
“We have raised the interest rates for some of our offerings and will continue to closely observe the market.”
PiggyVest, which was launched in 2016, provided simplified, digital, and automated saving and investment options to Nigerians for managing, and boosting their finances.
The company mentioned that on average, users were saving and investing about N25,000 per second on its platform.
PiggyVest reaffirmed its commitment to aiding Nigerians in saving more intelligently, investing more effectively, and living financially secure lives.
“We are committed to assisting Nigerians in affording their necessities, regardless of what they may be,” it included.
“We will continue to innovate, enhance, and construct an organization we can be proud of, and substantially better our world. From rent to emergency savings to salaries to tuition to managing your personal and business income to investing, PiggyVest will keep helping you manage your finances simply and smoothly,” it assured subscribers.