Investing has become more accessible than ever, with the rise of mobile apps that allow everyday Nigerians to grow their wealth right from their phones. Whether you're looking to invest in fixed deposits, stocks, or other assets, investment apps make it easy, safe, and convenient. In this blog post, we'll explore five of the most popular investment apps in Nigeria and explain why Bankly is the best choice for both new and seasoned investors.

Top 5 Investment Apps in Nigeria

1. Bankly

Bankly is a comprehensive financial platform that offers more than just savings. With the launch of Bankly InvestPro, users can earn up to 35% interest on their first investment. This app caters to everyone—from those looking for safe, short-term investment options to individuals wanting long-term growth. With Bankly, users can:

• Lock funds for as short as 90 days and enjoy high returns.
• Liquidate their investments seamlessly at maturity.
• Enjoy a transparent, user-friendly app that shows clear projections of your earnings.

Bankly also combines savings with financial tools that let users track their progress, make transfers, and handle bill payments. Plus, it boasts bank-grade security and is designed for those seeking stability and top-tier returns on their investments.

2. Cowrywise

Cowrywise is another popular investment app, offering users the ability to invest. It is great for people who want to diversify their portfolio and learn more about investing. Cowrywise offers fixed savings plans, with interests that can go up to 12% annually, making it a good choice for moderate-risk takers.

3. Piggyvest

Piggyvest is one of Nigeria’s most well-known savings and investment platforms. It offers features like fixed savings, target savings, and Flex Naira, which allows users to withdraw savings whenever they need it. Piggyvest offers interest rates as high as 10% for savings and additional interest for users who invest in its partner businesses. It is a trusted app with a simple user interface, but its lower interest rates make it less competitive compared to Bankly.

4. Risevest

Risevest focuses on giving Nigerians access to global investment opportunities. Users can invest in US real estate, stocks, and fixed income assets. It allows you to invest in dollars, which can be beneficial in hedging against the depreciation of the Naira. While Risevest offers competitive options for international investments, it doesn’t cater as much to local savings plans, and its returns vary depending on market performance.

5. Bamboo

Bamboo is another app that allows users to invest in US stocks from Nigeria. It gives access to thousands of stocks, ETFs, and other global assets. Bamboo is ideal for users who want to diversify their investments across borders. However, it is mainly for those interested in high-risk, high-reward scenarios since stock prices can be volatile.

Which is the Best Investment App in Nigeria?

While all five apps offer unique benefits depending on your financial goals, Bankly stands out as the best option for a few key reasons:

Unbeatable Returns: Bankly’s 35% interest on initial investments is unmatched in the Nigerian market, making it the best choice for maximizing returns in a short period.

Security and Transparency: Bankly’s commitment to providing a transparent, secure platform makes it the ideal app for users who want peace of mind while investing. Unlike volatile stock apps, Bankly’s fixed investment options are stable and predictable.

Flexibility: With the ability to lock funds for as short as 90 days and the option to withdraw funds after maturity, Bankly offers both flexibility and liquidity, giving users more control over their money.

User Experience: Bankly’s app is designed with the everyday Nigerian in mind, ensuring that users can easily track their progress, make transactions, and manage their investments with ease.

Comprehensive Services: Beyond investments, Bankly allows users to handle bill payments, airtime purchases, and other financial transactions, making it an all-in-one financial solution.

Final note:

Bankly is the top choice for investors seeking high returns, security, and flexibility. Whether you’re just starting or looking to grow your portfolio, Bankly provides the best tools to achieve your financial goals.