Friday, December 9, 2022

25 Best Online Investment Platforms in Nigeria 2022

  1. What Is An Investment Platform?
  2. 25 Online Best Investment Platforms in Nigeria
  3. Investments With The Highest Returns In Nigeria
  4. Investment Platforms That Pay Daily
  5. Investment Platform That Pays Weekly
  6. Investment Platform That Pays Monthly
  7. Investment Platforms for Students
  8. Agricultural Investment Platforms in Nigeria

The online investment platforms we are enjoying today are as a result of fintech. Before now, most people who have excess cash and wanted to invest for future profits usually went to the bank for fixed deposits, buy treasury bills, or stocks and shares etc.

Back in the days, my uncle used to have shares in different companies. At the end of the quarter or assigned due date, he would receive his share certificate from the post office and then go the bank to clear them. Sometimes, the dividend he was to receive would not even be worth the journey. You can imagine earning N2.50 or worse on some shares. In such cases, he would wait for it to accumulate so that it would be worth the journey. This process was cumbersome, paper and time wasting to say the least.

 25 Best Online Investment Platform in Nigeria 2022

Without further ado, let’s dive in to see the top 25 online investment platforms which are reliable, disburse instantly and the very best in the industry as at today.

What Is An Investment Platform?

An investment platform, otherwise called a fund supermarket, enables investors to trade a range of investments online or most times, with a smartphone application.

Investment platforms constantly provide widespread research and information on investment business.
The platforms are online services that allow the trade of shares, bonds and funds in one space.

The investment platforms also give provisions on how to save money in Nigeria through the use of investment apps and online saving platforms. Millions of people are embracing them, veering from conventional savings to financial technology-empowered platforms. The goals of these platforms are realistic as they offer a hassle-free investment and savings ordeal.

fintech

2. 25 Online Best Investment Platforms in Nigeria

Many Nigerians sometimes confuse investment platforms for Ponzi schemes. Ponzi schemes such as defunct MMM cannot be classified as an online investment platform.

  1. Cowrywise
    Cowrywise is an investment platform powered by Cowrywise Financial Technology Limited. It is duly licensed by the Securities and Exchange Commission (SEC) of Nigeria.
    Mutual funds are managed by fund management partners and made accessible to clients through the web and mobile applications.
    You can invest in low-risk, medium risk and high-risk products with Cowrywise. Most of these investments extend into mutual fund schemes, the agricultural sector and other third-party money-market.
    Investment can yield between 10% to 15% and you can invest with as low as N1,000 naira.
  2. Investment One
    This is a multi-faceted firm that offers a broad range of financial and investment outcomes throughout Nigeria. It was formerly GTB asset management limited.

It is registered and licensed under Nigerian Stock Exchange (NSE). It has provided modern investment alternatives integrated with value-added services.

BVN and a valid identity card are required to register.
With as low as 1000 naira, you could invest and earn up to 15% of your interest.

Investment one: Online investment platform

3.PiggyVest
PiggyVest is West Africa’s exclusive digital savings and investment platform.
In 2016, they commenced operation with the name “Piggy Bank NG” which was just for savings. It is duly registered and licensed by the Securities and Exchange Commission.

In the space of three years, discounts were offered to devoted and ardent customers.

In April 2021, they changed their name to “PiggyVest” and started providing customers with options for investment coupled with their previous savings options. You could invest with as low as a thousand and enjoy a 10% interest.

To register, download the app, set up your withdrawal account, enter your debit card details to activate. Only BVN is needed to validate your identity.

piggy vest: online investment platform
  1. I-invest
    This platform is powered by a mobile application that enables investors to trade financial products with the help of a broker. It is licensed under the Securities and Exchange Commission Nigeria.
    The application features a user-friendly dashboard that tracks diverse investment portfolios.

It is also an easy way for small investors to save money. I-invest can be downloaded from the app store and Google play. Note that BVN and valid identity card is used for registration. The app allows buying treasury bills, euro bonds and also trading stocks on the stock exchange market. The least amount to invest is ₦100,000 to gain an interest of 8% to 11% annually.

I invest: online investment platform
  1. Kolopay
    This platform enables you to save money at any time. It is licensed under the Securities and Exchange Commission Nigeria.

Your BVN and Valid identity card are needed to register.

You could invest with as low as a N1000 naira. You earn an interest rate of 10% if you do not withdraw within the investment period and 5% if you do withdraw before the end of the investment tenure.

Kolopay: online investment platform

6. Sumo Trust
This online Investment platform is a boost to Africans.

It is licensed under Stock Exchange Commission. It helps better their savings and investment patterns. The platform pays Africans between 8-10% of money invested.

If you need capital for a business, finances for apartments rent, for a vehicle, for shopping or tuition, you could invest with as low as N1000 naira to be eligible for it.

A valid BVN and Identity card is needed to register. Sumo Trust will assist you to set aside money and will also boost your investments.

sumo trust: online investment platform

7. Kuda Bank
This platform was once called “Kudi money”. It is the only digital bank that is licensed by the Central Bank of Nigeria. This revolutionary fintech platform has improved investment and brought innovation in Nigeria and beyond.

Part of its aim is to provide a variety of cost-free services to its members. When registering, your BVN, and Valid identity card (Nationwide ID Card, Voters Card, Drivers Licence, and Nationwide Passport) will be required.

Kuda Bank pays a 10% interest rate on savings. You could invest with as low as N1000 naira. It also offers customers low-interest loans, free ATM cards and up to 25 free transfers at the moment.

Kuda: online investment platform

8. Carbon
This is the most popular online investment platform in Nigeria. It offers a broad range of digital financing options.
They commenced operation in the digital sector as a loan agency, but now, it provides varieties of services ranging from savings plans to money investment.
With as low as 100 naira, you can invest in carbon and earn up to 16% of your investment annually.
You could also select a time frame for your investment, which could run for 3 months to a year.

Carbon: online investment platform

To invest with carbon,

  1. Your valid BVN and a valid card are needed.
  2. Select an investment plan, these include cash vaults, goals or flexure.
  3. Input the amount you wish to invest, with a bank account or card details.

The good news is your money is secure with carbon as it is licensed under the Central Bank of Nigeria.

9. Bamboo
Excluding this platform will make the list of investment platforms in Nigeria incomplete.
Bamboo is a reliable investment that provides unlimited access to the stock exchange market from the comfort of your smartphone.

You can directly load your Bamboo naira or dollar wallet and start investing.

Your portfolio can be expanded by purchasing an ETF(Exchange-Traded Fund).

If you intend to invest in Bamboo, you need at least 20 dollars or the naira equivalent.

It is crucial to note that when investing in naira, withdrawals can only be made into a naira account and when investing in dollars, withdrawals are made into a USD account.

When registering for a Bamboo account, information like BVN, Valid identity card as well as electricity bills receipts will be requested.

Master, visa cards and Bank Transfers are accepted as modes of payment.

Bamboo application features a simple design and layout with a special technology that allows you to view your portfolio’s performance.

You can also monitor returns on your investment purchases through your application.

Bamboo’s digital operation is overseen and protected by the Federal Deposit Insurance Corporation (FDIC).

bamboo investment

10. Risevest
This digital financial platform enables you to invest in assets throughout the world. You can invest in any of the well-managed assets with optimum assured returns of up to 14% and an annual return of 41% every year.

Among their profitable assets are: real estate, bonds and stocks. Risevest is overseen and supervised by ARM Trustee Limited.

Features of the platform include easy to use interface with a tracker that allows you to monitor your investment performance. You can also set investment goals using their application.

To sign up, you will need at least $10 in naira equivalent, then you select a plan and specify the length of your investment.

All Risevest accounts are protected with state-of-the-art encryption. BVN and valid Identity card are also required.

risevest: online investment platform

11. Trove
This is one of the most popular online investment platforms in Nigeria. The application provides artificial intelligence decisions about a company’s performance.

It enables you to invest in various country’s stocks and treasuries using your smartphone. To get started with Trove, your Bank verification number, driver’s license and an electricity bill receipt will be needed.

With a brokerage account, you could invest more than 4000 stocks courtesy of Trove. You can begin your investing project with as little as $10.

Your money is safe with Trove as Sigma Securities Ltd and ARM Securities Ltd, both SEC-licensed regulated brokerage firms, holding and managing all of Troves assets.

Trove: online investment platform

12. Chaka
This digital technology proffers solutions to investment challenges in Africa.

The app provides financial knowledge with state of the arts leading technology to deliver reliable investment and trading management.

It is a reputable investment firm licensed by Nigeria Securities and Exchange Commission (SEC).

The Nigeria Stock Exchange and Central Securities Clearing System supervise local investments, while FINRA, US Securities and Exchange Commission supervise their dollar investment.

Chaka has created an easy application to handle the investment. With Chaka, you can start trading with as little as $10.

Today, Chaka is currently one of the best ways to trade equity funds, stocks and investments from the UK, US, Nigeria and China.

You could also track the progress of your financial investments.

Chaka: online investment platform

13. Wealth NG
This website has stood the test of time. It enables you to invest in government bonds, equities, stock funds and properties.

The user-friendly website enables you to track your investment as well as your returns.

After registration, you are granted unlimited access to a financial analyst on how to grow your investment.

Investments can be short term(30days) or long term. One could invest in government bonds, shares, real estate on wealth NG.

BVN is needed to register and a next of kin to verify your identity.

Wealth NG operates with an interactive chat box that provides advice and also responds to questions.

Wealth NG also operates savings accounts with mouth-watering interest rates as high as 7% annually. You can also start savings with as little as N1000 naira.

Funds security is wealth NG’s biggest priority as their funds are managed by Sankore Securities limited and licensed under SEC.

wealth ng: online investment platform

14. Payday Investor
This platform is a framework that allows you to save and grow your earnings by investing in money market funds.

Payday Investor is a service empowered by ARM Investment Managers, a division of Asset & Resource Management Holdings Limited, which is licensed and governed by the Securities and Exchange Commission.

As an investor, the platform gives you the option of controlling your savings in the manner that suits you most.

To begin, you will need to register with your BVN and a valid identity card. You could start your investment with as low as 1000 naira.

You can also withdraw your savings at any moment from the ARM money fund.

payday: online investment platform

15. Ziing
This platform is one of Nigeria’s most used financial technology applications. It is licensed under the Securities and Exchange Commission and is powered by Investment One financial services.

With N10,000 naira, you could assess a commission of 0.25%.

BVN and a valid identity card are needed to register.

Ziing was created to assist clients with their savings and investment, it also allows you to withdraw directly from your bank account for savings and investment.

ziing 1

16. IBTC Stanbic Mobile Operation
This platform aims to improve creative investment plans like gratuity, equity funds and asset management.
It is licensed under the Securities and Exchange Commission Nigeria. The minimum investment is N5,000 naira with an interest of 29%.
BVN and a valid identity card are needed to register.
The most well-known package offered by this platform is pension management.

stanbic

18. Afrinvestor
This is one of Nigeria’s largest wealth management tech platforms. It was designed by Afrinvest Securities Limited (ASL) and licensed under the Securities and Exchange Commission.

The minimum investment is N5,000 naira at 17% interest. Your BVN and a valid ID are required for registration.

afrinvest

19. Thrive
Thrive Agric says all of its farms are insured by Leadway Assurance Company.
mobile platform This is an agricultural platform that invests funds deposited into farming. Its core mission is to ensure that food and animal produce meet the need of the teeming population. BVN and a valid ID are the basic requirements.
Investors are given 25% as returns every planting season. The minimum investment in the platform is N10,000.

thrive agric

20. Farmcrowdy
This platform offers a large variety of possibilities in the farming sector.

It was registered in 2018 with the Trademarks, Patents and Designs Registry under the Federal Ministry of Trade and Investment.

The minimum investment is N5,000. BVN and valid ID are essential requirements.

Farmcrowdy provides finances for farm equipment, seedlings, manure and young animals for husbandry with funds invested.

There is a mobile app available for you to monitor your investment. You could also visit the farm to view the process of the operation.

farmcrowdy

21. Smart Saver
This platform aims to make savings and investment easier and well secured.
They use pay stack for all their payments. It is an offshoot of FCMB.
In this platform, withdrawal is quarterly and your money earns high interest.
Smart saver pays as high as 30% annually. With N5,000 naira, you could enjoy the benefits. To register, your BVN and Valid ID is needed.

smartsaver

22. Alat
This platform is Nigeria’s first digital bank designed to make savings and investment process accessible to all.
Using your smartphone, you can register and start investing. It is powered by Wema Bank and licensed under the Securities and Exchange Commission.
To register, your BVN and proof of ID is required. You could register with as low as N1,000 and enjoy 10% interest.

alat

23. Reach
This online platform is licensed under the Securities and Exchange Commission Nigeria. This fintech app develops your discipline by tracking your income, regulating your expenses and helping you plan your finance better. BVN and a valid ID is needed to register.
It has artificial intelligence that tracks your SMS alerts and uses them to provide financial information. The app also serves as a budgeting tool that helps you accomplish your financial goals.

24. Riby

This online platform is licensed under the Securities and Exchange Commission Nigeria. It assists people with small scale businesses to save, invest and get loans at good interest rates.
The platform also boasts of a cooperative group that helps members borrow, contribute and save money to help achieve their financial goals. BVN and a valid ID is needed to register.
You could invest with as low as N1,000 naira. Riby saver app also allows members to automate their savings.

riby

25. Fundall
Fundall is another excellent app that enables you to control and manage your savings plan. This online platform is licensed under the Securities and Exchange Commission. You can invest, save, borrow and pay bills. Insurance could be also bought through the app.
Fundall is a one-stop personal financial management app that enables you to automate the planning and management of all your finances from one app.

fundall

3.0 Investments With The Highest Returns In Nigeria

Oil and Gas
The oil and gas sector are very lucrative for investment. The country relies on it. Both foreign and local investors can invest their money into it and gain high returns. The minimum investment is N500,000 to N30,000,000.

Real Estate
This is one of the most productive investment opportunities in Nigeria. Huge migrants leave the rural cities to urban cities like Lagos, Abuja, Port Harcourt, Uyo etc. Investment in real estate can be very lucrative for investors. With as low as N100,000 you could invest in it and enjoy a huge percentage (30% and above) depending on the estate value.

Agriculture
Nigeria’s population is calculated to be over 200 million. And one of the biggest challenges is feeding this large population. So far, the country has been unable to provide enough for the population. Investing in the Agriculture sector will be a very lucrative venture if well planned and executed. With as little as N10,000, you could amass huge profits depending on the crop.

Investment apps
There are interest apps that can help you capitalize your money no matter how little you have. These apps help you grow your money quickly. With as low as N1000, you could invest and monitor your progress. This is the quickest route to make cool money.

Tech
Tech stands for technology. Investing in technology is the best practice in this century. Over 90 million people use the net. Your financial returns will be massive. Work out apps, game apps, cryptocurrency, money making apps are capable of changing the financial status of a person if it is well implemented.

4.0 Investment Platforms That Pay Daily

PiggyVest
You choose to save invest small amounts or as big as you can and earn interest of between 10 – 17% daily. You could invest with as low as N1,000 and enjoy a 10% interest.

Cowrywise
Cowrywise is one of the prime online savings platforms in Nigeria that help you save and invest through a mobile application. With Cowrywise, you can make investments and earn up to 10% interest daily with just N1,000 naira.

Payday
The Payday savings platform helps you earn interest of 10.9% while investing your funds daily. You could invest with at least 1000 naira and earn a 10% interest. You will have to set up an account to monitor your investment strategy

I-Invest
You could invest N100,000, interest is accrued daily and on maturity principal amount invested plus accrued interest is credited to your designated bank account daily.

Carbon
Though it is a loan app, it has an investment aspect that allows you to invest your money and earn profit from it daily. The investment app is called Pay Vest. With as low as 1000 naira, you can invest in carbon and earn up to 16% of your investment daily.

5.0 Investment Platform That Pays Weekly

RAGP
Recharge and get paid (RAGP) is a good way to earn money weekly. It is registered under the Corporate Affairs Commission. It is an online marketing business that works through network marketing. You can earn money weekly by investing with N500 at least and N100,000 max.

Questra Holdings
Questra Holdings is an online investment platform based in Spain but has associates in almost all countries.
It is in partnership with a reputable bank in Nigeria (Eco Bank). Payout from investment is on a weekly basis. The unit currency is Euro and investment is done through bitcoin. You could invest with as low as N40,500 and at most N250,000,000.

Meristem Securities
Meristem Security Limited is duly registered in the Nigerian Stock Exchange (NSE) and controlled by the security and exchange commission.
BVN and a valid ID is required. You could invest as low as N1,0000 and payment is weekly.

6.0 Investment Platform That Pays Monthly

Smart Saver
This platform offers up to a whopping 30% interest rate on savings and investments. You could earn monthly through its app. With N5,000 naira, you could enjoy the benefits. To register, your BVN and Valid ID is needed.

Kuda Bank
Kuda is the first microfinance bank with a digital platform that allows investment.
You could earn monthly on Kuda. Kuda Bank pays a 10% interest rate on savings. You could invest with as low as N1,000 naira. It also offers customers low-interest loans.

Alat
This platform is powered by Wema Bank. By registering with them and investing at least N1000, you could earn a 10% interest rate monthly. To register, your BVN and proof of ID is required.

7.0 Investment Platforms for Students

Afrinvestor
As a student, Afrinvestor offers you investment features that help you to trade stocks. it offers live equity trading. The minimum investment is N5,000 and you could enjoy a whopping 17% interest.

Carbon
Carbon is a quick loan app for students who desire to take a loan. It has an investment feature that allows you to invest your money and earn profits from it. With as low as 100 naira, you can invest in carbon and earn up to 16% of your investment annually.

Riby
This is best preferred by Nigerian students as it has a cooperative feature on its banking app and enables students to contribute their tokens for future mishaps. Savings could be managed properly. And the interest to earn is 10% of your investment.

8.0 Agricultural Investment Platform in Nigeria

Nigeria is a country blessed with fertile land for agriculture. There has been a lot of focus on it lately and it has urged entrepreneurs to dive into the sector.
Below are the most recommended platforms.

Payfarmer
This is licensed under Leadway Assurance. Payfarmer concentrates on cash crops and ranching, with over 647 farmers connected to the platform receiving capital from more than 6,580 investors. Investors have the opportunity to sponsor farmers in wide areas, including crops such as yams, potatoes, peppers; Livestock such as rearing cows, poultry and catfish.
Investing in an agricultural project through the Payfarmer platform requires a minimum investment of N25,000 for an agricultural cycle that ranges between 5 and 10 months depending on the type of farm. The interest varies between 20% and 32%.

Farm Partner
This platform is licensed under Leadway Assurance. Farm Partner offers investors the opportunity to work in financing livestock and agricultural production projects in Nigeria; Livestock and meat production as well cultivation. You will need a BVN and valid ID for registration purposes on the app.
Investing N100,000 in a 100-acre cassava farm attracts a 12% return, while its 300-person cattle ranch brings in an interest rate range from 10 to 15%.

Farmsby
This platform extends its tentacles across other countries in Africa. Farmsby operates from 41 Woji Road, GRA, Port Harcourt, Rivers State, Nigeria.

This digital investment offers standard investments and joint investment. It has an app to monitor your investment. BVN and a valid ID are required for verification purposes.

The digital agricultural investment platform offers its users two investment packages:
•Standard investment: The minimum investment in this package is N5,000 and the maximum investment is N500,000 with an interest of 50% return for 90 days.

•The second investment option is the Joint Venture Package which requires a minimum investment of N500,000 for 180 days. Interest rates range from 50% to 75%.

E-Farms
This is the platform of Foodbank Growmore Ltd. They aim to create a relationship between investors and small farm holders and to impart young Africans the knowledge to run successful agricultural businesses. It has an app to monitor your investment.

To register: you will need a BVN and a valid ID.

Projects in the agricultural market on this platform range from NGN 45,000 to NGN 72,000 for investment returns of 15% to 16% per cycle.

Conclusion
Investing is the surest way to create and amass wealth. These online investment platforms are tested and trusted because they are backed up by the law. If you have idle funds, go through the list thoroughly and make your choice. You may just need the passive income later in life.

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