Piggyvest paid out ₦835 billion in 2024 as it crosses ₦2 trillion in total payouts

Piggyvest, a nine-year-old Nigerian savings platform, paid ₦835 billion to its customers and crossed 5 million in 2024. Since its launch in 2016, customers have withdrawn over ₦2 trillion, a fraction of the total deposits held by Piggyvest.

“2024 was our most profitable year, one of the years we achieved the most growth, and our most focused year as a company,” said Somto Ifezue,…