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Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million - Business (2) - Nairaland

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Savings In Insurance Bank or Piggybank Which One Is Advicesable? / Piggybank Or Cowrywise / How Safe Are Your Funds With Piggybank? (2) (3) (4)

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Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by tishbite41(m): 7:16am On Jun 04, 2018
tech start up
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Gaddafithe2nd(m): 7:17am On Jun 04, 2018
grin grin You are wicked fellow. I hope they won't end up like MMM
Ire2:
Mmm part 3 reloaded.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by MVLOX(m): 7:18am On Jun 04, 2018
not bad
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by ediko5(m): 7:18am On Jun 04, 2018
I hope the have capital base deposit with the government like banks incase the company tries to abscond with people's hard earned cash.

2 Likes

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Jabioro: 7:18am On Jun 04, 2018
Hmmm..who is insuring my saving funds (money) incase of bank surge (collapse),How do they intended to invest the saving to accrue the interest promise to be paid ?

2 Likes

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by siraj1402(m): 7:19am On Jun 04, 2018
Nigeria government will surely adopt Blockchain technology by fire by force soon.

2 Likes 1 Share

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Easy5265: 7:19am On Jun 04, 2018
Great job guys...piggybank.ng has helped me save, I just stumbled on their site on instagram. I recommend this to everyone that's having trouble setting something aside, the interesting part is that their minimum savings isn't up to what we spend on a meal. Even more thrilling is that you don't need to walk to a bank to get it all setup, it's all on your phone pple.

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Nobody: 7:19am On Jun 04, 2018
Gaddafithe2nd:
grin grin You are wicked fellow. I hope they won't end up like MMM


Watch and see bro. Those guys will abscond with people's money. Which kind unless piggy bank be that. You will soon here. Save with us and get 30% every month additional then after like one year piggy bank go crash. . Na that time una go know say e Don b. grin
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Pigsandidiots: 7:19am On Jun 04, 2018
post=68129780:
This is a good initiative.
Still learning more about it.......

Something that will really help a lot of youth in the country, instead of saving their money on football bets that they may never get back!

LONGEVITY and TRUST will really make this concept a very big thing in Nigeria and the continent at large




*Quote*
The concept and product are simple; savers can deposit as little as $1 a day into their online Piggybank.ng account, and cannot touch their savings, until an agreed withdrawal date [unless they are happy to pay a 5% early withdrawal fee], whilst all the time accruing around 6% interest per annum on automated savings.*Unquote*

This is the main KEY!
who told you they won't get their money back on sport bet. Do you win and they refuse to pay you? On football bet, people are winning millions, thousands daily. Don't say what you don't know.

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Doracle2: 7:21am On Jun 04, 2018
Disruptor... Thumbs up!
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by AlanSugar(m): 7:21am On Jun 04, 2018
Ire2:
Mmm part 3 reloaded.

Thank you my brother, you're the only one seeing what I'm seeing. Honestly it'll be worse than MMM.

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by MANNABBQGRILLS: 7:22am On Jun 04, 2018
Pigsandidiots:
who told you they won't get their money back on sport bet. Do you win and they refuse to pay you? On football bet, people are winning millions, thousands daily. Don't say what you don't know.
Okay, all the very best.
I forgot for a minute that winners don't quit and quitters don't win.
Happy betting sir!
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Lexusgs430: 7:23am On Jun 04, 2018
Pavore9:


You remembered that advertisement! cheesy cheesy

Haba....... You don old o......
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by haibe(m): 7:24am On Jun 04, 2018
This is no different from a fixed deposit as it doesn't provide liquidity during the savings tenure. Call deposits like mutual funds are still better with higher rates.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Pavore9: 7:26am On Jun 04, 2018
Lexusgs430:


Haba....... You don old o......

We no be today's meat nah! cheesy
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by haibe(m): 7:27am On Jun 04, 2018
AlanSugar:


Thank you my brother, you're the only one seeing what I'm seeing. Honestly it'll be worse than MMM.

Not really!! There's a business model here. Your money is put with some asset mgt company and as Piggyback is an institutional investor, they will generate more interest than they need to give to their depositors and make profit.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Gaddafithe2nd(m): 7:27am On Jun 04, 2018
Ire2:



Watch and see bro. Those guys will abscond with people's money. Which kind unless piggy bank be that. You will soon here. Save with us and get 30% every month additional then after like one year piggy bank go crash. . Na that time una go know say e Don b. grin
Just like wonder bank of 2007-2008. Robbing Peter to pay Paul.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Nobody: 7:34am On Jun 04, 2018
Nice concept.
The fact that savings can be done in $ is the eye catching feature of this company.
I hope they won't place this funds in speculative business like stocks where u can gain or loose(just like my dowjones) .I also dont buy the idea,where the micro finance company can lend,else they are heading for the loo.Better be invested in traditional liquid assets biz like tbills,call and term deposits etc where the worst that can happen to your money is to make small margin at least.With this,the investors money is save..
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by naturalwaves: 7:35am On Jun 04, 2018
I wanted to do this piggy bank thing yesterday but having read the interview I will not and will not advice anyone to do it again. Reasons being that your money will be invested into other things. The savings thing that was talked about was just a trick. The main thing these people will do is to get funds from different deposits and do business with your money. What if their investments go bad?? I would prefer a situation where your money is just there and nobody is touching it to use for what so ever investment.

4 Likes

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by elipheleh(m): 7:35am On Jun 04, 2018
Oh no why not me?
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by laytoshtwo: 7:37am On Jun 04, 2018
IsaAbubakar:
best tribe in the world igbos
followed by we the north


undecided undecided undecided Please tell your leader to do something about children begging on the streets of lagos.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by mixter(m): 7:47am On Jun 04, 2018
Good initiative. Exactly what I do with GTB. I have disciplined myself to putting money into my account by not touching a dime and I'm in my second month. I can tell you it's quite beneficial and good. Though my plan is to save my funds without touching it for 5-7 years.
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by ariesbull: 7:57am On Jun 04, 2018
Pigsandidiots:
who told you they won't get their money back on sport bet. Do you win and they refuse to pay you? On football bet, people are winning millions, thousands daily. Don't say what you don't know.

Sports bet is gambling and we know gambling is bad and never a way to save

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by IsaAbubakar: 8:00am On Jun 04, 2018
[s]
WhichKindWahala:
olori pelebe
We have seen you
[/s]
trash trash trash
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by IsaAbubakar: 8:01am On Jun 04, 2018
laytoshtwo:



undecided undecided undecided Please tell your leader to do something about children begging on the streets of lagos.
ok
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by castrokins(m): 8:04am On Jun 04, 2018
What's It About, Can We Talk?





hardwerk:
Nice initiative and innovation....just like I have this grand concept of a start-up which will tackle environment hazards in Nigeria by but no finance to birth it
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Nobody: 8:06am On Jun 04, 2018
You'll wake up to a day the website will be offline.
I'd save my money under the rug, thanks

2 Likes

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by Nobody: 8:12am On Jun 04, 2018
I cant trust this

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by AlanSugar(m): 8:16am On Jun 04, 2018
haibe:


Not really!! There's a business model here. Your money is put with some asset mgt company and as Piggyback is an institutional investor, they will generate more interest than they need to give to their depositors and make profit.

It's all stories, Mmm had better stories! Did you see the documentation, did they mention the asset management coys for one to run a check on? Bro, leave these igbo dudes and their scam techniques. Imagine their defence that Nigerians have no savings, how then have banks survived through these years? Only time will tell. If that yoruba guy dashed them 1.1usd, it could very well be for publicity stunt, or another pic (partna in crime)

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by AlanSugar(m): 8:19am On Jun 04, 2018
Easy5265:
Great job guys...piggybank.ng has helped me save, I just stumbled on their site on instagram. I recommend this to everyone that's having trouble setting something aside, the interesting part is that their minimum savings isn't up to what we spend on a meal. Even more thrilling is that you don't need to walk to a bank to get it all setup, it's all on your phone pple.

Easy come easy go. Be careful or e go do you like fim trik.

1 Like

Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by LaughButton01(m): 8:25am On Jun 04, 2018
Nairalandmentor:
Wow, that's really cool.

Need a website like piggybank or want to create a website for a business idea? Then check my signature


drop your number, let's talk on whatsapp
Re: Piggybank.ng, The Nigerian Fintech Startup That Just Raised $1.1million by AlanSugar(m): 8:25am On Jun 04, 2018
ariesbull:


Sports bet is gambling and we know gambling is bad and never a way to save

Well, I don't do sports betting but here, you save with piggybank while they use your savings to do gambling in some undisclosed business so which is worse?

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