PiggyVest Pays Out ₦1.3 Trillion in 2025 as User Base Crosses 6 Million

PiggyVest closed 2025 with its largest milestone: disbursing a record ₦1.3 trillion to users, a 56% rise from ₦835 billion in 2024. The Nigerian fintech achieved this milestone as its user base surpassed 6 million, just before its 10th anniversary, solidifying its status as one of Africa’s leading digital savings platforms.

Disclosed via email to users, these figures reflect robust growth, including a 110% surge in assets under management (AUM), though no exact figure was shared.

Amid persistent inflation and squeezed disposable incomes, the payout boom shows Nigerians increasingly turning to digital tools for savings and placing trust in platforms like PiggyVest.

Betting on Infrastructure, Not Just Growth

PiggyVest’s smartest 2025 move? A full infrastructure revamp. The company ditched its old virtual account numbers and rolled out an in-house payment system powered by PocketApp.

Co-founder and Chief Marketing Officer Joshua Chibueze explained the shift: “Establishing our own payment infrastructure through PocketApp account numbers gives us greater reliability and control over deposits and payouts,” he told Techpoint Africa.

In a market where transaction failures can erode confidence, owning the rails provides a tangible operational advantage.

Global Recognition for a Local Giant

PiggyVest’s streak earned it a place on CNBC’s top fintech list, rubbing shoulders with giants like Interswitch, Moniepoint, and M-KOPA.

The recognition underscores Nigeria’s growing influence in the global fintech conversation and PiggyVest’s role as one of its standout consumer platforms.

Beyond Personal Savings

Since 2016, PiggyVest has disbursed over ₦3 trillion total, evolving from a basic savings app into a full ecosystem.

In 2024, it launched PiggyVest Business, bringing Safelock and Investify to SMEs for interest-bearing locks and low-risk investments, an increasingly attractive proposition amid cash flow uncertainty.

Chibueze noted the pilot's success, with plans for seamless personal-business toggling in-app, though user adoption metrics remain undisclosed.

Community and Future Plays

Growth stemmed from more than products: PiggyVest scaled its OpenHouse program with town halls in five cities, including Lagos and Abuja. These forums yielded feedback that shaped updates, proving a user-first mindset scales as well as tech.

Looking ahead, PiggyVest targets kids with a new savings product designed for children, with a potential rollout targeted around Children’s Day later this year. It’s a bet on early onboarding and household-level financial habits, potentially hooking users for life amid rising fintech rivals.

Trust: The Compounding Asset

Reflecting on the ₦1.3 trillion payout milestone, Chibueze framed the figures as more than financial growth.

“As a predominantly low-trust environment, we’re proud of the consistent work we have put in over the years to win back the trust of Nigerians when it comes to digital savings and investments and the impact on their lives."

In 2025, PiggyVest didn’t just grow; it proved that trust once earned compounds.