In a fast-evolving financial landscape like Nigeria’s, mobile savings and investment apps have become indispensable tools for individuals seeking to manage their money better, save towards specific goals, and earn competitive interest rates — all from the convenience of a smartphone. These digital platforms are designed to encourage financial discipline, automate savings, and offer opportunities for investments with varying risk appetites.
Whether you’re saving for rent, school fees, a business project, or just creating an emergency fund, these apps provide flexible features, transparent returns, and easy withdrawals, making them a preferred alternative to traditional banking savings accounts. Here’s a roundup of the most reliable and widely used savings apps in Nigeria.
List of Top Savings Apps in Nigeria
A. High Interest Yielding Savings Apps
These apps offer some of the best annual returns in the Nigerian fintech space.
- PiggyVest
- Interest Rate: Up to 13% per annum
- Features: Automated savings, fixed and target savings, investment opportunities.
- Website: piggyvest.com
- Cowrywise
- Interest Rate: 8%–15% per annum (depending on the plan)
- Features: Regular savings, mutual fund investments, Halal savings options.
- Website: cowrywise.com
- Risevest
- Interest Rate: Dollar investments up to 14% returns
- Features: Global stocks, fixed income, real estate investments in USD.
- Website: risevest.com
B. Budget & Automated Savings Apps
Perfect for disciplined savers who want to automate their deposits.
- Kuda Bank
- Features: AutoSave, daily, weekly, or monthly savings, spend tracking.
- Website: kuda.com
- V Bank
- Features: Create multiple savings plans, lock savings with penalty-free withdrawals.
- Website: vbank.ng
C. Dollar Savings & Investment Apps
Apps that let you save and invest in dollars, hedging against Naira depreciation.
- Chipper Cash
- Features: Dollar wallet, international transfers, earn USD interest.
- Website: chippercash.com
- Troves
- Features: Dollar and Naira investment in global stocks and ETFs.
- Website: troveapp.co
D. Family, Group & Esusu (Ajo) Savings Apps
Modern digital options for collaborative or rotating group savings.
- Esusu Africa
- Features: Digital thrift collections, group savings, contribution tracking.
- Website: esusu.africa
- AjoPay
- Features: Daily, weekly, monthly contributions, group management.
- Website:….
Ranked List of Best Savings Apps in Nigeria (2025)
- PiggyVest – Best overall for savings and investment.
- Cowrywise – Great for diverse mutual fund options.
- Risevest – Best for dollar-denominated investments.
- Kuda Bank – Most reliable for automated budget savings.
- V Bank – Flexible savings goals with competitive rates.
- Chipper Cash – Best for dollar wallet and international transactions.
- Troves – Global investment access for Nigerians.
- Esusu Africa – Top choice for digital thrift savings.
- AjoPay – Ideal for group contributions and communal savings.
Whether you’re saving for short-term goals, long-term investments, or looking for a secure way to stash away dollars, these fintech apps provide reliable options tailored to different financial lifestyles. With higher interest rates than traditional banks and digital convenience, adopting any of these savings apps is a smart move in 2025.
