Nigerian fintech giant PiggyVest has capped a landmark year by disbursing a record N1.3 trillion in payouts to users in 2025, marking a 56 percent jump from the N835 billion paid out in 2024.
The achievement coincides with the platform surpassing six million registered users, solidifying its dominance in Africa’s digital savings sector as it approaches its 10th anniversary.
In an email to customers, PiggyVest revealed that its assets under management doubled with a staggering 110 percent growth in 2025, though exact figures were not disclosed.
This surge underscores growing confidence among Nigerians in digital financial tools amid economic pressures.
A key driver of reliability was the company’s shift to an in-house payment infrastructure powered by its subsidiary, PocketApp. This move retired outdated virtual account numbers, enhancing control over deposits and withdrawals.
PiggyVest’s 2025 success earned global acclaim, with the company featured on CNBC’s prestigious list of top fintech firms alongside Nigerian peers Interswitch and Moniepoint, as well as Kenya’s M-KOPA.
Since its 2016 launch as a simple savings app, PiggyVest has now distributed over N3 trillion in total payouts, evolving far beyond individual savings. In 2024, it introduced PiggyVest Business, offering small enterprises access to low-risk investments via products like Investify and Safelock.
Community initiatives bolstered growth, including expansions of the OpenHouse town hall series to five cities, such as Lagos and Abuja. These events provided valuable user insights for product development.
Looking ahead, PiggyVest is preparing to launch PiggyVest Kids, a child-focused savings product, targeting rollout around Children’s Day in 2026.
The fintech’s trajectory highlights the resilience of Nigeria’s fintech ecosystem, driving financial inclusion for millions.