Insight

• Ikiodiete George
• 3 Min Read

Top 10 Money Saving Apps In Nigeria For 2025

Saving money in Nigeria has never been more important — or easier. Thanks to fintech innovation, a wide range of mobile apps now help Nigerians track expenses, set savings goals, and build wealth from their smartphones.

Whether you’re a student, salary earner, or entrepreneur, these top 10 money saving apps in Nigeria for 2025 will help you take control of your finances.

Summary Table: Best Money Saving Apps in Nigeria (2025)

1. PiggyVest

Best All-Round Saving App
PiggyVest is Nigeria’s most trusted savings app. It helps users save automatically, lock funds for fixed periods, and even invest in agriculture and real estate.

Key Features:

• Autosave & manual savings
• Fixed deposit (Safelock)
• Free withdrawal dates
• Competitive interest rates

2. Cowrywise

Best for Mutual Fund Investments
Cowrywise offers flexible saving plans and regulated mutual fund investments. It’s beginner-friendly and backed by top investment firms.

Why Users Love It:

• Periodic and goal-based savings
• Invest in high-yield mutual funds
• Professional UI and analytics

3. SumoTrust

Best for Smart Budgeting & Saving
SumoTrust is perfect for entrepreneurs and students. It offers automatic savings, budgeting tools, and SME-focused features.

Features:

• Save towards specific goals
• Daily, weekly or monthly savings
• Free financial education resources

4. Kuda Bank

Best Digital Bank with Built-in Savings
Kuda is more than a bank—it’s a smart money manager. Users enjoy zero fees, smart budgeting, and expense categorization.

Key Benefits:

• Autosave with every transaction
• Track expenses by category
• Save with Kuda Vaults

5. Rise Vest

Best for Saving in USD Assets
Want to beat inflation? Rise lets you save in U.S. dollars by investing in global stocks, real estate, and fixed-income assets.

Top Features:

• Dollar savings & investments
• Diversified global portfolio
• Long-term financial planning

6. ALAT by Wema

Best for Bank-Integrated Savings
ALAT allows you to create savings goals with interest, automate deposits, and earn rewards for consistency.

Unique Features:

• Digital vaults
• Save with friends
• Built-in loan access

7. VBank

Best for Group Savings and Budgeting
VBank’s Save2Split feature allows users to save as a group while the budget planner keeps spending in check.

What’s Included:

• No minimum balance
• Expense insights
• Free transfers

8. Branch

Best for Auto Saving and Instant Loans
Branch combines savings, lending, and investment in one mobile app. It’s ideal for users looking to grow and borrow smartly.

Top Tools:

• Auto-save from income
• Emergency loans
• 20% annual returns on investments

9. Chipper Cash

Best for International Users
Chipper Cash is known for free transfers and cross-border payments. Its savings feature includes auto round-ups and wallets.

Useful For:

• Diaspora Nigerians
• Sending money across Africa
• Save from everyday transactions

10. FairMoney

Best for Salary Earners
FairMoney’s save and borrow feature helps salaried users build discipline. It offers fixed savings and tailored loan offers.

Highlights:

• Lock funds for better interest
• Instant loans with low rates
• Personalized saving plans

FAQs About Money Saving Apps in Nigeria

Which is the best savings app in Nigeria for 2025?

PiggyVest is the most trusted and versatile app, offering a blend of auto-saving, fixed deposits, and investment options.

Is my money safe with these apps?

Yes. Most top apps like PiggyVest, Cowrywise, and RiseVest are licensed or partner with regulated financial institutions.

Can I save in dollars in Nigeria?

Yes. Apps like Rise Vest and Chipper Cash offer dollar-denominated savings and investment options.

What is the minimum I need to start saving?

You can start with as little as ₦100 on platforms like Cowrywise, PiggyVest, and SumoTrust.

Conclusion

With economic uncertainty and rising inflation, using a money-saving app in Nigeria is no longer optional — it’s essential. These 10 apps empower Nigerians to save smarter, plan better, and invest more confidently in 2025.

Whether you're starting small or looking to invest in foreign assets, apps like PiggyVest, Kashgain, Rise Vest, and Kudaoffer reliable pathways to financial growth.