About PiggyVest
PiggyVest is a Technology company based in Lagos (Nigeria) founded in 2016 by Joshua Chibueze and Odunayo Eweniyi. Savings and investment goals are managed via an online platform. PiggyVest has raised $1.15 million across 2 funding rounds from investors including Ventures Platform, Leadpath Nigeria and Village Capital. PiggyVest has completed 2 acquisitions, including PocketApp and Savi. Its website piggyvest.com draws about 240 thousand monthly visits. PiggyVest offers products and services including Automated Savings, Fixed Savings, Safelock, Flex Naira, and Flex Dollar. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its competitors include CowryWise, Crowdyvest and HerVest; 2 of its 3 listed competitors have raised funding.
Company details
PiggyVest was founded in 2016 in Lagos, Nigeria, as an online platform in the fintech sector focused on savings and investments. Goals for expenses such as rent, cars, or vacations are set by users on daily, weekly, or monthly schedules. Fixed income investments and co-investment options are provided. An app-based interface is available for Android and iOS devices.
- Headquarters Lagos, Nigeria
- Founders Joshua Chibueze, Odunayo Eweniyi
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website piggyvest.com
- Social LinkedIn X Facebook
- Total Equity Funding$1.15M (USD)
in 2 rounds
- Latest Funding Round$1.1M (USD), Seed
May 2018
- InvestorsVentures Platform
& 2 more
- Investments & AcquisitionsPocketApp
& 1 more
Products & Services of PiggyVest
PiggyVest offers a comprehensive portfolio of products and services, including Automated Savings, Fixed Savings, Safelock, Flex Naira, and Flex Dollar.
Tool for automatic dedicated savings on user terms.
Locks funds for fixed duration to earn returns.
Enables saving towards multiple financial goals.
Allows managing and withdrawing money anytime.
Facilitates saving and growing money in Dollars.
Apps and channels of PiggyVest
PiggyVest publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of PiggyVest
PiggyVest has successfully raised a total of $1.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.15M
- Total Rounds 2
- Last Round Seed — $1.1M
- First Round $50,000
(May 2017)
- Investors Count 3
All 2 funding rounds of PiggyVest with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $1.1M | Seed | – | Leadpath Nigeria | |
| May 2017 | $50,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in PiggyVest
PiggyVest has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Ventures Platform, Leadpath Nigeria and Village Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in African companies addressing innovation and infrastructure needs. | venturesplatform.com | |||
| leadpath.com.ng | ||||
Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital. | vilcap.com |
Investor details for PiggyVest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of PiggyVest
14 people are tracked at PiggyVest (8 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Joshua Chibueze | Co-Founder | Leadership |
Odunayo Eweniyi | Co-Founder | Leadership |
Victoria Ekong | Executive Assistant to Chief Executive Officer | Leadership |
Somtochukwu Ifezue | Co-Founder/CEO | Leadership |
Terry Kanu | Chief Product Officer | Leadership |
Nonso Eagle | Chief Creative Officer | Leadership |
Deborah Okechukwu | Head of People Operations | Leadership |
Ayo Akinola | Co/founder, Head Of Business Development | Leadership |
Esse O. | Operations Associate | Team |
Ifeoluwa Adekoya | SEO | Team |
Mercy Alade Acihrm | People Operations Associate | Team |
Ebuka Chidube | Senior Digital Marketing Specialist | Team |
Martha Kingsmike | Product Marketing & Communications Lead | Team |
Odudu-Abasi Usanga | Brand Designer | Team |
Complete people profiles for PiggyVest
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by PiggyVest
PiggyVest has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PocketApp and Savi.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Pocket App is a social commerce app with payments embedded to give you everything you need to SHOP, SELL, PAY & GET PAID in Nigeria. | pocketapp.com | Lagos, Nigeria | 2019 | Nov 2021 | •••• | |
App-based alternative savings account | savi.ng | Lagos, Nigeria | 2013 | Jul 2021 | •••• |
Complete acquisition details for PiggyVest
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of PiggyVest
Competitors of PiggyVest
PiggyVest has 3 listed competitors in our database, 2 of them funded. They include CowryWise, Crowdyvest and HerVest.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cowrywise.com | 2017 | Lagos, Nigeria | $3.69M | Online & app-based savings platform for individuals | ||
| crowdyvest.com | 2019 | Lekki, Nigeria | Individuals are enabled to save via an app-based platform. | |||
| hervest.ng | 2019 | Lagos, Nigeria | $100,000 | A savings and investment management platform for women is provided. |
Detailed competitors of PiggyVest
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- Full competitor set
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Web traffic of PiggyVest
The website of PiggyVest (piggyvest.com) receives about 240.3K visits a month.
- Monthly visits240.3K
▲ 44.3% vs previous month
Websites whose visitors overlap most with PiggyVest. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| figma.com | 100% | 84.7M | #221 | View details | |
| notion.so | 90% | 178.3M | #160 | View details | |
| linkedin.com | 75% | 1.9B | #18 | View details | |
| x.com | 74% | 4.5B | #5 | View details | |
| instagram.com | 72% | 7.1B | #4 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for PiggyVest
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- 10 similar websites
- Audience overlap
- Engagement analytics
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Related news about Piggyvest
Complete news archive for PiggyVest
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Frequently Asked Questions about PiggyVest
PiggyVest was founded in 2016 and raised its 1st funding round 1 year after it was founded.
PiggyVest is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
PiggyVest is a funded company, having raised a total of $1.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on May 2017.
PiggyVest was founded in 2016 in Lagos, Nigeria, as an online platform in the fintech sector focused on savings and investments. Goals for expenses such as rent, cars, or vacations are set by users on daily, weekly, or monthly schedules. Fixed income investments and co-investment options are provided. An app-based interface is available for Android and iOS devices.
PiggyVest's top competitors include CowryWise, HerVest and Crowdyvest.
PiggyVest offers Automated Savings, Fixed Savings, Safelock, Flex Naira, and Flex Dollar.
PiggyVest has 3 investors. Key investors include Ventures Platform, Leadpath Nigeria, and Village Capital.
Yes. PiggyVest publishes PiggyVest: Save & Invest Today and 1 more app, with over 1 million downloads.
The website of PiggyVest receives about 240 thousand visits a month.