Searching for the best investment apps in Nigeria? If yes, search no more coz here in this article we will be helping you with the list of top investment Apps in Nigeria that you can trust.
Investment is an excellent method to increase your income. One of the best ways to succeed and get rich is to invest. The ability to invest has a positive and lasting effect on everyone’s financial life. The process of investing your money in Nigeria is easy today due to the existence of investment apps in Nigeria that let anyone invest using their mobile.
What is an investment?
Investment is the act of an investor investing money to earn profit. For instance, Mr. Seun has N30,000 in cash that he’s not in need of, instead of depositing the money in his bank account and at home, he chooses to invest it in a business. After one or two years and the 30 thousand naira has turned into 60 thousand naira or more. That’s what investing is all about.
Investment apps
Investment apps are online investment platforms that allow people to make investments in their funds safely and earn profits. The function of an investment app is to find business opportunities worthwhile to invest in and offer promising returns for investors. they promote these opportunities to users to invest. With the application, you as the investors can invest, track your investments, and earn profits.
With these investment apps, you don’t have to worry about where to invest your money.
They have agreements with promising companies. These partnerships are typically vetted and secure. All you have to do is go through the investment options and then invest at the convenience of your smartphone. You’ll be less prone to risk since the investment apps require due diligence before accepting any business to become a member of the platform.
The List of the Top Investment Apps in Nigeria
These are the top investment apps in Nigeria
· PiggyVest
PiggyVest previously known as PiggyBank.ng is the best investment application in Nigeria. It was launched in the year 2016 and the app has been helping Nigerians save and invest their money. The app is very popular in Nigeria with more than 350 000 users using it. It is backed by more than one million dollars of capital from investors from around the world.
Every investment opportunity that is offered on this platform has been thoroughly screened. It means that there is less risk for investors. It is also possible to save money by using a variety of savings plans and also earn huge interest rates on your savings.
Features
- A 25% ROI on investment
- Invest in any amount
- All options for investment are pre-screened
- Medium to low risk
- Large user base
- Huge rate of interest on savings
In order to invest, you’ll have to create an account. It is possible to download and use the application. The application is available on Google Play Store, Google Play Store, and the Apple application store.
• Carbon (Formerly Paylater)
Carbon previously known as Paylater was one of the investment apps in Nigeria from Fintech firms. They have a good amount of capital with as much as $5 million from foreign investors. They are well-known in Nigeria with more than 1 million users making use of them to get loans or invest.
There is also an investment tool inside the app called Growing wealth (invest). This tool allows you to set a deposit fixed or invest once with low risk.
Features
- A potential 16% profit on investment
- It is possible to invest just as low as N100.
- Low risk to moderate risk
- Large user base
In order to invest, install the application. The app is available for Android addition to iOS users.
i-invest
Through i-invest you can invest in Eurobonds as well as Treasury bills from your phone with no hassle. There is no requirement to become an agent. All you need is for you to install the application, sign in with us, log in and then invest!
Features
- Medium-risk
- Resources to assist investors
The app is available to Android addition to iOS users.
Afrinvestor
Afrinvestor is an application offered through Afrinvest securities limited that assists investors invest in stocks and Treasury bills. They have a range of tools that help users make informed trade choices. They offer a variety of plans for investing.
If you’re a person with a huge desire to trade Treasury bills and stocks This application is perfect for you.
Features
- Numerous investment opportunities
- Medium-risk
- Resources to assist users
For investing, you need to install the application. It is accessible to Android along with iOS users.
• Cowrywise
Cowrywise is a rapidly expanding investment app that is gaining popularity in Nigeria. It was also able to take on investments from foreign investors in order to develop the reach of the platform. You can make investments and save money using this platform.
You can invest in mutual funds without no taking on massive risk, but you can also earn an impressive return from your investment. They have formed partnerships with big companies to facilitate this. They provide help and advice at no cost. You can also save money as well as earn interest from savings.
Features
- A free advisory and support service
- up to 15% return on investment
- Invest at the rate you like
- Minimal to moderate risk
- Huge interest rates for savings
To invest, you must create an account. Then, you install the application, which is available for both Android as well as iOS users.
Conclusion
One of the best ways to succeed and get rich is to invest. The ability to invest has a positive and lasting effect on everyone’s financial life. The process of investing your money in Nigeria is easy today due to the existence of investment apps in Nigeria that let anyone invest using their mobile.