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Investment Firm
Overview
Piggyvest enables Nigerian debit card holders save little amounts of money frequently with minimal effort. They automate the process of saving tiny amounts daily, weekly, or monthly; and then allowing you to withdraw for free on only set withdrawal dates thereby practically making saving more possible for you by eliminating the temptation to withdraw.
Piggyvest is a platform that helps individuals and businesses manage their finances effectively - save and invest with ease.
As Piggybank.ng, Piggyvest operated in partnership with 2 Microfinance banks and used their licenses. However, in early 2018, Piggyvest acquired Gold Microfinance bank and its license. Piggyvest is also a registered cooperative- Piggytech Cooperative Multipurpose Society Limited (Registration number, 16555).
All saved funds are now warehoused with and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).
Highlights
2016
Financial Services
51-100
1
0
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Seed
N/A
Location
Africa
Contact Information
Social
Profile Resume
Piggyvest, established in 2016 and headquartered in Africa., specializes in Seed investments across Financial Services, FinTech, Credit Cards, Payments, Credit, Debit Cards. Their recent investments include Allawee. The highest investment round they participated in was $7.2M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
1
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Investments
1
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Mar 01, 2022 | Allawee | Financial Services | 300.0K |
Exits
0
Funding Timeline
1
5
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Funding Rounds
1
Piggyvest has raised 1 rounds. Their latest funding was raised on Mar 01, 2022 from a Pre Seed Round - Allawee round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Mar 01, 2022 | Pre Seed Round - Allawee | - | 300.0K | - |
Investors
6
Piggyvest is funded by 6 investor(s). Flutterwave and Village Capital Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
Ventures Platform | No | Seed Round - Piggyvest | 1.1M |
Leadpath Nigeria | Yes | Seed Round - Piggyvest | 1.1M |
Village Capital | No | Seed Round - Piggyvest | 1.1M |
Flutterwave | Yes | Seed Round - Piggyvest | 3.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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