Last updated on October 20th, 2021 at 09:23 pm
Two decades ago, investment was only possible by depositing physical cash, today transaction has gone cashless. As such, an investment can be done through app on Android and iPhones.
In this post, we’ve compiled 20 trustworthy investment apps in Nigeria that can help you grow your investment while you focus on other tasks.
Disclaimer:
Trading in stocks involves risk. InfomediaNG will not be liable to any damages incurred in the course of using any of the underlisted investment apps in Nigeria. As such, you are advised to consult an investment professional before using any of the apps.
What is an Investment App?
that can help you grow your investment portfolios.
Mobile investment apps is a technology-driven kind of investment portfolios which allow customers or investors to save money with the option of investing in some portfolios.
What you can invest in via investment app in Nigeria
- Stocks,
- Agric sector
- Bonds,
- Mutual funds.
Benefits of investment apps
1. Investment apps allow investors to take control of trading with their phone.
2. Access to invest or buy stock in banks, listed telcos, or insurance firms.
3. The apps is gradually reducing the number of stockbrokers in the market, there are still availability of stockbrokers to execute trades on behalf of investors.
4. The mobile investment apps allow everyone irrespective of your experience or educational qualification to have access to a wide range of investment.
Reliable Investment Apps in Nigeria
- Alat (by Wema Bank )
- Investment One
- Afrinvest
- I-Invest
- Stanbic IBTC
- Leadway Insurance
- FBN Edge
- PayDay Investor
- KoloPay
- CowryWise
- PiggyVest formerly PiggyBank
Alat (by Wema Bank )
No doubt, Wema bank was the first to change and shape the way we invest in Nigeria through its easy-to-use mobile investment app dubbed ALAT.
ALAT is a fully digital bank that helps people to save more with a certain interest rate.
Alat.ng processing automated deposit from your account and allow you to earn as you save.
- ALAT Saving interest rate: 10%
- Investments: Savings
- Investment pattern: Locked
Investment One
This is operated by GT Bank. It is savings, investment and private banking
Investment managed by GTB Asset Management.
Investment One offers distinctive business in financial services such as asset management, stockbroking, trust and pension fund management services, and others.
- Interest rate: Varies
- Investments: Savings, Investment banking, and private banking
- Investment pattern: Locked.
Afrinvest
Also known as Afrinvestor, it is an investment banking covering stocks, bonds, and treasury bills.
- Interest rate: Varies
- Investments: Investment banking, Treasury bills
- Investment pattern: Locked
PayDay Investor
PayDay investor is a product of ARM Investment Managers, a subsidiary of Asset & Resource Management Holding Company (ARM).
PayDay investor app helps you earn interest while investing your funds automatically on a periodic basis.
- Saving interest: Not clear
- Investments: Savings
I-invest – Treasury bills
I-invest partners with Sterling Bank Plc, and helps both new and experienced investors match their investment maturities to their needs.
I-invest covers West African market with the risk-free treasury bills.
- Interest rate: 8 – 11%
- Investments: Treasury bills
- Investment pattern: Locked.
Stanbic IBTC
Known for its strength in pension, Stanbic IBTC offers financial services, pensions and wealth management products, and services.
The bank provides both local and foreign investors with various investment packages such as pensions, wealth management products, real estate, traditional loan calls and financial services including mutual funds
- Savings interest rate: varies
- Investments: Financial services and pensions management
- Investment pattern: Locked
PiggyVest (PiggyBank)
This is for savings and investment. This advanced method of the old way of savings, “Kolo”
- Saving interest: 10%
- Investment interest: Savings, Mutual funds, and others
- Pattern of investment: Locked
FBN Edge
FBN Edge is a product of FBNQuest Asset Management, a subsidiary of FBN Holdings company.
This investment app allows customers and potential investors to open mutual funds accounts and track investment flows.
- Savings interest: varies
- Investments: Money market funds, fixed income
- Investment pattern: Locked.
KoloPay
KoloPay is another mobile loan bank that helps you save towards a targeted goal.
- Saving interest: 10%
- Investments: Savings
CowryWise
CowryWise is a financial technology company that helps people save and invest through a mobile application.
With CowryWise you can invest in low, medium and high-risk investments. Some of these investments include Nigerian Eurobond, Mutual funds and other money market securities provided by third parties.
- Saving interest: 10%
- Investment interest: varies
- Investment pattern: Unlock
Are there any other trustworthy investment apps in Nigeria that is not included in this list? Share them with us.
