BD Insider 185: Piggyvest hits ₦1.1 trillion payouts within six years

“The situation is being handled,” according to investors at Float. We also covered the payouts made by Piggyvest since 2016.

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Newsletter By Johnstone

September 2, 2023 5 minute read

BD Insider 185: Piggyvest hits ₦1.1 trillion payouts within six years — Photo: PiggyVest's Joshua Chibueze, Somto Ifezue and Odunayo Eweniyi

It has been a week of wins and losses!

Ghanaian fintech startup, Float reportedly lost ₦5 billion after it attempted to profit from the FX crisis in Nigeria. Before that, the startup was scammed by an exchange merchant.

Investors at the startup said, “the situation is being handled”.

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Last updated: December 21, 2024

BD Insider 185: Piggyvest hits ₦1.1 trillion payouts within six years

This story is for Condia Insiders only.

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