How young Nigerians are building safety nets with savings and investment apps

When rent, hospital bills, or other emergencies come knocking, insurance rarely picks up the tab in Nigeria. Instead, young people are turning to apps like Piggyvest, building their own safety nets one deposit at a time.

Piggyvest crosses ₦2 trillion payouts after most profitable year 

The fintech shared it paid out over ₦835 billion to its users in 2024, a 53% increase from its total payout in 2023.