Nigerian digital savings and investment platform, Piggyvest, has outlined ambitious plans for its 10th anniversary celebrations, including the unveiling of new business solutions and expanded product offerings, at its OpenHouse event held in Lagos over the weekend.

The event, which follows the Ibadan edition in September, drew an overflow crowd and saw the company’s co-founders discuss the evolution of the platform from its humble beginnings as a digital alternative to the traditional “kolo” savings box in 2016 to becoming one of Nigeria’s leading fintech platforms with over 5.8 million users.

The event brought together thousands of users, tech enthusiasts and fintech partners to engage directly with the company’s founders — Odunayo Eweniyi, Joshua Chibueze, and Somto Ifezue, in what has become an annual feedback and innovation session.

Speaking at the event, Joshua Chibueze, Co-founder and Chief Marketing Officer, traced Piggyvest’s journey from a viral social media idea in 2015 to one of Nigeria’s most trusted fintech platforms with over five million users.
“The goal has always been to give everyone the power to manage and grow their finances,” he said. “With every new product, every new feature, we move closer to that mission.”

Chibueze revealed that the company plans a major celebration in April 2026 to mark its 10th anniversary, hinting at significant user rewards and expanded community outreach. “We’re thinking of possibly doing a 10,000-seater capacity venue for next year’s Lagos OpenHouse,” he said, noting that the current venue was already over capacity despite no prior advertising.

The highlight of the product announcements was Piggyvest Business, a new offering designed to help business owners separate personal and business finances while accessing treasury and wallet APIs.

“This is one of the most important products for our next decade. It’s the product that basically tells our story of where Piggyvest is headed — empowering others to build financial tools just like we did.” Chibueze stated. The platform will also introduce an API that allows other developers to build financial solutions similar to Piggyvest, extending the company’s reach beyond direct customer engagement.

The co-founders also announced several product updates on upcoming features such as Salary Manager, which has been undergoing internal testing for months and is expected to help users with budgeting, Piggyvest Kids, targeted for launch before Children’s Day 2026 that will enable parents to save and plan for their children’s future and a yet-to-be-named AI-driven personal finance assistant, expected to launch in Q1 2026.

Addressing the contentious issue of recent interest rate reductions, Odunayo Eweniyi, Co-founder and Chief Operations Officer, explained that the changes were necessitated by the Central Bank of Nigeria’s monetary policy adjustments.

“The rates on piggy banks are not arbitrarily set. They’re set in relation to where the market is at, where the economy is at,” she said. Eweniyi revealed that the company’s treasury team had been recommending rate reductions since mid-August, but management delayed the implementation for two months to cushion the impact on users.

Eweniyi also addressed user concerns on the impact of Nigeria’s new tax laws on fintech platforms. She assured customers that Piggyvest was working closely with its legal and financial teams to interpret the law and would communicate any implications before implementation. She, however, noted that withholding tax on interest income has become compulsory for all users.

“Before any change touches your account, you’ll be the first to know. Transparency remains our operating principle,” she affirmed.

In response to the frequently asked question about Investify listings being sold out, Eweniyi acknowledged the challenge and set an ambitious target of three to four listings valued at N10 billion in Investify units by year-end.

“The more we grow, the faster we have to work to get investment listings out to you guys,” she said.

When asked about expansion beyond Nigeria, as well as a listing on the Nigerian Stock Exchange, the co-founders confirmed that plans are underway. However, they provided no specific timeline or target markets.

The Piggyvest’s OpenHouse series, which began in 2017 as a way to engage users and gather feedback, has expanded to include multiple Nigerian cities. Following earlier events in Uyo, Port Harcourt, Abuja, and Ibadan this year, the company plans to add two more cities to its roster next year, bringing the total to seven locations.

From features like SafeLock and Target Savings, to newer additions such as HouseMoney and FlexDollar, Piggyvest continues to broaden its ecosystem of savings and investment tools tailored to Nigeria’s growing digital-savvy population. The company also hinted at new lifestyle reward partnerships, including with food delivery service Chowdeck, to make saving a more integrated part of everyday living.

As Piggyvest approaches its tenth anniversary of operations, the founders reiterated their focus on trust, user safety, and inclusive innovation.

“Our guiding principle has never changed — the return of your money is better than the return on your money,” Eweniyi said, emphasising the company’s priority on capital preservation over risky high-yield ventures.

With its expanding product suite and user base, Piggyvest appears poised to solidify its leadership in Nigeria’s fintech landscape. The platform reportedly paid over N2.6 trillion back to users in the first half of 2025, with an average of N47,000 saved every second on the platform.