₦airaland Forum

Cowrywise actually offers up to 15% per annum from investing funds in T-bills and government bonds. 15% per annum is one of the highest secure returns you can get in Nigeria.

cutelover19:
Yes I use it and it is reliable, although the ROI is too little. But it’s safe to keep money there

[quote author=cutelover19 post=74205334]

Cowrywise is a personal advisor that helps you plan your investment journey and securely automates your savings and investments towards your goals.

vivaciousvivi:
Pls explain what cowrywise is.
Never heard it before.
In the meantime, I would advise you critically weigh both options as per pros and cons and pick for yourself.

Cowrywise allows for withdrawals after your plan is unlocked. The idea is to help you build wealth through discipline and not to serve as another bank account.

Chukwudaalu:
I use CowryWise though, and I've had no issues with them.
You can't withdraw anyhow you like. And there's an interest rate of 10.5% P. A
I have no idea of how Piggybank works. But I think it's also reliable, based on the above comments. The Choice is yours.

Femo! A company that got admitted into Ycombinator and has processed over $1.5 million in investments and has thousands of users, all within a year, isn't popular?

femi4:
What is cowrywise? That's not popular

Quite simple. You can visit cowrywise.com to get started or download the app from playstore or the app store

spiritofthedead:
So my question is how does one cowrywise

1. No, after a plan is mature you would need to roll over to continue investing
2. Money is made from investing your funds in treasury bills and government bonds

karleone:
Quick question:
•When you've completed the period plan, will Cowrywise continue withdrawing from your account?
•Also, how do they make profit?

Hello Chuka.

Cowrywise is well insured against risks, starting from the mode of investments which sees to the investment of funds in risk-free vehicles (bonds and T-bills). Also, Cowrywise has a trustee partnership wit Meristem Trustees which helps mark up funds of investors so they are not exposed to market risk. This trustee partnership also serves as an insurance in case of anything.

Chukason1:
Hello house , I came across an investment app Cowrywise they offer a high rate interest with various tenures ... Please how safe is saving money in all these apps?? Has anyone use them