Financial Inclusion: Piggyvest Mobilises 9 Million Nigerians to Save, Invest
Dike Onwuamaeze In a country with a record low savings and investments, the Co-Founder/Chief Executive Officer of Piggyvest, Mr. Somto Ifezue, has disclosed that the company has mobilised over nine
Piggyvest, a financial mobile app, has successfully enrolled over nine million Nigerians in its mission for financial freedom, according to its Co-Founder and CEO, Mr. Somto Ifezue. Speaking at the company's recent 'Open House' event at the National Theatre in Lagos, Ifezue emphasized the importance of savings and investments for a productive Nigeria. He expressed pride in Piggyvest's efforts to curb frivolous spending among its users, enabling them to save, invest, and achieve financial independence.
Since its inception, Piggyvest has revamped its app, adding more features to help users manage their finances better. Co-Founder and Chief Marketing Officer, Mr. Joshua Chibueze, revealed that the company aims to become the go-to financial platform for Nigerian households by offering secure and high-yield investment opportunities.
The Chief Operating Officer/Co-founder, Ms. Odunayo Eweniyi, announced new products such as Piggyvest Kids Account, Piggyvest Business, and Piggyvest Joint Account. Eweniyi highlighted that parents can now save for their children's future within their existing Piggyvest account, and the Piggyvest Business feature is live on the platform, enabling users to manage their business expenses and cash flow.
The Open House event also saw the awarding of N10 million to EsteBare Limited, Backel Food Services Limited, and Pemnia Wellness.
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