Coronation Conversations

Coronation Conversation Logo

Top 15 Investments Apps In Nigeria

December 10, 2024
Technology
0

Top 15 Investment Apps In Nigeria

Investment apps make managing your finances easy and saving money more rewarding. In Nigeria, these apps provide direct access to stocks, mutual funds, and other assets. They offer tools that simplify investing for beginners and experienced users too. 

This post highlights the top 15 investment apps in Nigeria, explaining their features and how they can support your financial goals. 

Keep reading to find the right fit for your needs.

We’ll start by listing them, then we’ll tell you what to expect when you use them:

  1. Coronation Wealth
  2. Bamboo
  3. PiggyVest
  4. RiseVest
  5. Trove Finance
  6. Bamboo
  7. Carbon
  8. I-invest
  9. Renmoney
  10. Chaka
  11. CrowdyVest
  12. Quidax
  13. GetEquity
  14. ARM One 
  15. Bankly

List of Investment Apps In Nigeria

1. Coronation Wealth

Coronation Wealth. Investment Apps in Nigeria

First on our list of top investment apps is Coronation Wealth. This app is designed to provide easy access to investment options like mutual funds and stocks. It caters to various financial goals, offering tools for both new and experienced investors.

The app offers several mutual funds to suit your needs:

  • Money Market Fund: Ideal for short-term savings, this option lets you start investing with as little as ₦10,000. Interest is earned daily and compounded monthly, giving your money steady growth.
  • Balanced Fund: This combines growth and stability by investing in both bonds and equities, thereby making it suitable for medium- to long-term goals.
  • Fixed Income Funds: These offer predictable returns and are great for minimising risk. The platform also lets you invest in the Fixed Income Dollar Fund for dollar-denominated options.

For those interested in stocks, Wealth by Coronation Group makes it easy to buy and sell shares with low trading fees. This helps you manage your portfolio efficiently while keeping costs down.

This app provides a single platform where you can track your investments, explore opportunities, learn about Finance and make decisions confidently. It’s designed to make saving and investing accessible, practical, and rewarding.

2. Bamboo

Bamboo is an investment platform that provides access to a wide range of stocks from the U.S. stock market and the Nigerian Stock Exchange (NGX). It allows users to invest in various securities, including fractional shares, enabling more people to participate in stock investing with smaller amounts. Bamboo caters to both beginners and experienced investors with features such as real-time market data, intuitive app navigation, and tools for portfolio management.

The platform ensures security and user confidence by employing robust safety measures. Available on Android and iOS, Bamboo offers a convenient way for individuals in Nigeria to diversify their investments across both local and international markets. While it provides opportunities for wealth-building, users are reminded to understand the risks associated with stock market volatility.

3. CowryWise

Cowrywise is an investment app in Nigeria that gives you access to mutual funds and savings tools. It’s built to help you automate your savings and invest based on your financial goals. With options for both Naira and Dollar mutual funds, Cowrywise caters to different risk levels, including low-, medium-, and high-risk plans.

4. Piggyvest

PiggyVest is one of Nigeria’s most popular savings and investment platforms, with over 4 million users. It provides tools to help you save and invest, offering a mix of flexibility and structure.

The app includes Investify, which gives you access to various investment opportunities like fixed income, transportation, and agriculture.

PiggyVest is straightforward and designed to help you stay consistent with your finances.

5. RiseVest

Rise. Top Investment Apps in Nigeria

Risevest connects Nigerians to global investment opportunities, focusing on dollar-based assets. The app gives you the freedom to invest in options like US real estate, stocks, and fixed income, making it an appealing choice if you want to hedge against the naira’s depreciation.

While returns depend on market performance, the app provides a straightforward way to access investments typically unavailable to many Nigerians.

Risevest may be ideal if you’re looking to diversify with dollar-denominated assets.

6. Trove Finance

Trove Finance. Investment apps in Nigeria

Trove is a digital investment app that allows you to invest in Nigerian, American, and Chinese stocks. It also provides access to bonds, exchange-traded funds (ETFs), and real estate investment trusts (REITs).

The app includes features for tracking your investments and is available for download on the Google Play Store and Apple Store.

Trove offers a range of local and international investment options for those looking to grow their portfolio.

7. Chaka

Chaka Investment app in Nigeria

Chaka offers a platform for investing in both local and global markets, giving you access to a variety of stocks and ETFs. Designed for individuals and businesses, it provides an opportunity to explore different investment options easily.

Chaka operates with SEC approval and offers a secure and regulated environment for investors. The platform features tracking tools to help you manage your portfolio effectively, along with resources to guide your investment decisions. The app is available for download on both Android and iOS.

8. I-invest

I-invest offers a platform for Nigerians to invest in secure, government-backed financial products, such as treasury bills and bonds. It also provides opportunities for corporate fixed deposits and Eurobonds. Additionally, users can access features like savings plans and other financial services to grow and manage their wealth.

9. Renmoney

Renmoney. Investment Apps.

Renmoney offers savings accounts and fixed deposit plans with competitive interest rates. Customers can save towards specific goals or choose flexible options starting with as little as ₦1,000. Their fixed deposit accounts start at ₦10,000 and allow users to earn more on their funds.

Their digital platform, including a mobile app, ensures convenient account management and service access. Customers can view their savings, manage deposits, or apply for loans from anywhere.

10. CrowdyVest

crowdyvest. Investment apps

Crowdyvest is a platform offering savings and investment services tailored to help individuals and businesses grow their finances. It provides users with options for flexible savings plans to achieve their financial goals and access to project-based investments in sectors like agriculture and real estate. The company emphasises sustainable investment opportunities and ensures ease of use through its mobile app, making financial management accessible and straightforward.

11. Carbon

Carbon

Carbon is a digital finance platform that combines banking services, loans, and payment solutions into one app. Users can open accounts, manage funds, make payments, and access credit facilities seamlessly. It is particularly known for its quick loan disbursement process, which doesn’t require collateral or guarantors.

12. Quidax 

Quidax

Quidax is a cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptocurrencies. It offers fast transactions, a wide range of options, and secure trading environments. The platform provides features like instant swaps and an order book for trading. Also, Quidax supports both individual users and businesses, with 24/7 customer support and a mobile app for easy access.

13. GetEquity

GetEquity

GetEquity is a platform that simplifies access to private investments for individuals and institutions. It offers tools to invest in diverse assets, manage portfolios, and trade private investments through its secondary market. The platform also enables businesses to raise funds, distribute employee stock options, and explore unique investment opportunities like fixed-income and real estate projects. With a focus on accessibility and community-driven investing, GetEquity provides a secure and user-friendly way to participate in private equity and asset-backed opportunities.

14. ARM One 

ARM ONE

ARM One offers investment solutions such as mutual funds, fixed income, tailored savings plans, etc. Their offerings are managed professionally with a focus on transparency and accessibility to allow clients to grow and manage their wealth effectively.

15. Bankly

Bankly. Investments apps in Nigeria

Bankly InvestPro. It caters to a wide range of users, providing options for both short-term and long-term investment goals. With flexible investment durations starting from 90 days, users can lock their funds, earn attractive returns, and liquidate their investments seamlessly upon maturity.

The app is designed with transparency in mind, providing clear projections of potential earnings while also integrating financial tools for tracking, transfers, and bill payments. 

FAQs on Best Investment Apps in Nigeria

1. What is the best investment app for me?
When choosing the best investment apps to use, consider your goals, the types of investments you’re interested in, and the features you value the most. If you’re looking for strong returns and accessible options, focus on apps offering diverse investment opportunities and reliable performance.

For example, Coronation Wealth stands out with one of the highest returns on its Money Market Fund, making it a strong contender for those seeking low-risk, short-term investments. Its platform is user-friendly, combining convenience with competitive growth opportunities.

2. What is the difference between saving and investing?

Saving is setting aside money for short-term goals or emergencies, typically in a low-risk account. Investing involves putting money into assets like stocks, bonds, or mutual funds to achieve long-term growth.

3.  What are mutual funds, and how do they work?

Mutual funds pool money from multiple investors to invest in a diversified portfolio of assets like stocks and bonds. They are managed by professionals and are a great option for individuals looking for an easy way to invest.

4. How can I start investing if I’m new to it?
Starting your investment journey involves educating yourself about various investment options and setting realistic financial goals. You might want to begin with low-risk options like mutual funds, which offer a diversified approach.

If you’re new to investing, Coronation Investment Academy is a great resource to help you build a solid understanding of the investment landscape. The academy provides educational content, webinars, and tools to help you make informed investment decisions at your own pace. It’s an excellent way to gain knowledge before going into the market.

Conclusion

Investment apps are reshaping how Nigerians save and grow their wealth. From platforms offering access to U.S. and Nigerian stocks to those specialising in mutual funds, cryptocurrencies, or fixed deposits, there’s something for every type of investor.

This post explores 15 standout apps, including Coronation Wealth, PiggyVest, Bamboo, and Cowrywise, detailing their features and how they can help you achieve your financial goals. New to investing or already experienced? These apps offer flexible, secure, and accessible ways to manage your investments.

Explore the options to find the one that suits you best!

Related Posts
What’s the Role of Technology in Today’s Stock Trading Environment?
Using technology to trade stocks

Stock trading has shifted dramatically from the days of physical exchanges to being web-based. What Roles Does Technology Play in Read more

Investing for wealth creation: The Nigerian Startup ecosystem
Nigerian Startups - Opportunity for wealth creation

One of the most compelling aspects of investing in Nigerian startups is the wealth of local insights that investors can Read more

How to unlock financial literacy for low-risk investments – case study:  Coronation Fantasy League  
Coronation Fantasy League

Financial literacy is now a valuable skill for navigating the complex world of investments in the context of technological innovation. Read more

Coronation Investment Academy: The new learning platform financial experts believe every potential investor should exploit
Coronation Investment Academy

Investment is a lifestyle that should be adopted. Learning how to invest is a skill that is priceless. Coronation Investment Read more

Share this:

× Chat with a financial advisor