West Africa premier online savings and investment platform and one of Nigeria’s leading fintech platforms, Piggybest has marked a milestone as it celebrates nine years of empowering millions of users to save, invest, and grow their finances.
Originally launched in 2016 as Piggybank.ng, the platform has evolved into a household name in Africa’s digital finance space, helping users cultivate disciplined savings habits while offering investment opportunities.
Founded by the trio of Somto Ifezue, Odunayo Eweniyi, and Joshua Chibueze, Piggyvest started with a simple yet powerful mission: to give Nigerians—and eventually Africans—the tools to take control of their finances. The platform pioneered automated savings, allowing users to set aside funds seamlessly while earning competitive interest rates.
In a heartfelt anniversary message shared across social media, the founders reflected on the journey:
“9 years ago, we had a mission to give everyone the power to manage and grow their finances. From the very first person who trusted us with their money to the millions of you who now call Piggyvest home, you have been at the center of this journey.”
The founders expressed gratitude to their users, acknowledging that their feedback, trust, and even constructive criticism have been instrumental in shaping the platform’s growth.
Since its inception, Piggyvest has grown its user base to millions of active customers; expanded its offerings from basic savings to investments, flexible savings (Flex Naira), dollar savings (Piggyvest Dollar), and business tools; helped users save billions of naira; promoting financial discipline among young professionals, entrepreneurs, and students; introduced Safelock, a fixed savings feature, and Target Savings, enabling users to save towards specific goals.
The platform’s success has also contributed to the rise of Nigeria’s fintech ecosystem, inspiring a wave of digital savings and investment solutions across Africa.
Piggyvest’s anniversary post emphasized that the milestone was as much a celebration of its users as it was of the company itself: “You’ve let us be part of your financial goals, your dreams, and your future. And for that, we are endlessly grateful. 9 years later, we’re still here, still building, still committed to helping you take control of your finances.”
The founders also hinted at more innovations to come, reinforcing their commitment to driving financial inclusion and freedom across the continent.
As Piggyvest enters its tenth year, industry analysts expect further expansion, potentially into new African markets and more advanced financial products. With increasing competition in the fintech space, the company’s focus on user trust, transparency, and innovation will be key to maintaining its leadership position.
Piggyvest’s journey from a simple savings app to a comprehensive financial platform mirrors the growth of Nigeria’s digital economy. As the company toasts to nine years, its message is clear: the best is yet to come.
“Cheers to you, to us, and to many more years of growth, impact, and financial freedom!” they founders concluded.