Today in FinTech: PiggyVest Earns Nigerians’ Trust With High Interest Rates

PiggyVest Seeks to Boost Consumer Savings and Investment in Nigeria’s ‘Low Trust Environment’

Digital savings and investment platform PiggyVest launched in 2016 with a goal of initially reaching 1,000 users in Nigeria. The startup now has over 4 million users and a growing trust from a country that doesn’t give trust away, PiggyVest told PYMNTS in an interview. Customers have been drawn to the bank’s different model —asset under management — because PiggyVest said the interest rates it offers are higher than any other bank or financial institution.

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FinTech NayaPay Lands $13M Seed to Grow Platform for Pakistan’s Underbanked

Over 50 million adults in Pakistan are unbanked and just 33% of women in the country have a bank account. NayaPay sees the chance to change that with its digital banking platform. It also sees growth opportunities in the under-35, mobile-first generation that makes up 70% of the population.

French Startup Finary Raises $9M Series A to Reinvent Private Banking

As a comprehensive aggregator, Finary empowers investors to track all their holdings — bank accounts, real estate, crypto, stocks — and get a thorough blueprint of their wealth. Now the French company is planning to build a private digital bank and is also planning a crowdfunding campaign.

HandCash App Integrates Circle, Fabriik Tools To Offer Top-Ups

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