Nigerian Fintech Startup Piggyvest Acquires Counterpart Startup Savi.ng

Piggyvest, a Nigerian fintech startup that helps people save and invest money, has acquired counterpart Savi.ng as it looks to expand its customer base.

 Piggyvest is an online saving and investment platform targeted primarily at low and middle-income Nigerians, allowing them to deposit and put aside small amounts daily, weekly, or monthly.

Savi.ng is a wealth management app that allows users to save money through features including automated savings, term deposits, joint savings, and PAYE. All existing Savi.ng users will now be automatically migrated to Piggyvest.