Financial Technology(Fintech) is a new technology that improves and automates the delivery and use of financial services with the aim of helping business owners, consumers, companies manage their financial operations. Different startups have built platforms that will encourage Nigerians to save more from their income and also earn profit over a period of time. This online savings platforms are easy to use, helps one stay disciplined and helps track your transactions easily. It takes away stress and planning required to save on a regular basis. On Online Savings Platform, savings can be done daily, weekly, monthly and as low as N100 can be saved, it also generates interest over a period of time. Although, interest rate defers among platforms and also choice of plans. Mobile Apps are also available across platforms.
TOP ONLINE SAVINGS PLATFORMS IN NIGERIA IN NONSEQUENTIAL ORDER
- PayDay by ARM
- PayVest on PayLater
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