15 Legit Online Investment Platforms in Nigeria that Pays Daily

online investment platforms in nigeria koboline
EPN

Updated on December 8, 2023

Are you Nigerian and you’re looking to invest some money and grow your wealth? Are you ready to take charge of your financial future and explore the exciting world of investing with confidence and peace of mind? These are the best investment platforms in Nigeria right now.

In Nigeria, access to traditional investment options can be limited, but fintech investment platforms are providing a level playing field for anyone in Nigeria who owns a smartphone.

It doesn’t matter if you’re a seasoned investor or just starting your investment journey, these platforms offer a range of options to suit your financial goals if you live in Nigeria. They offer an easy and convenient way to diversify your portfolio and grow your wealth.

The best and most legit online investment platforms in Nigeria include Risevest, Pigyyvest, Bamboo, Chaka, Trove, Cowrywise, P2Vest, Payday Investor, I-invest, Fint, and Accrue.

There are also other platforms that allow you to invest in almost any asset, from crowdfunding agricultural farms and real estate properties to investing in treasury bills and even local and foreign stocks.

Are you ready to get started? Here are the top legit investment platforms in Nigeria that should be on your radar, where you can put your money in, and be sure it won’t go into thin air.

Legit Online Investment Platforms in Nigeria That Pays Daily

  1. Risevest
  2. Trove
  3. Carbon
  4. Bamboo
  5. Piggyvest
  6. Chaka
  7. Cowrywise
  8. P2Vest
  9. Payday Investor
  10. I-invest
  11. Fint
  12. Accrue
  13. GetEquity
  14. Ajobox
  15. Crowdyvest

1. Risevest

Dollar-Denominated Investment Platform

rise vest review dollar investment app - online investment platforms in Nigeria koboline

Risevest is one of the best online investment platforms in Nigeria that allows you to invest in foreign stocks. You can also invest in American real estate and fixed-income assets (dollar-denominated bonds).

It is one of the only online investment platforms in Nigeria where you can choose an investment plan and the company’s team of investment experts handles the rest.

Think of it as an automated dollar investment company in Nigeria where you earn dollar returns. You can start investing on the Risevest app for as low as $10 or N3600.

Checkout: How to Receive Dollars in Nigeria

With Risevest, you can start investing in dollars in Nigeria using only your smartphone. Rise’s historical annual returns on US stocks is about 14%, making it one of the best mediums to invest in foreign stocks from Nigeria. However, actual returns depend on the market.

Product Features of the Risevest App are

  • Available Platforms: Android, iOS & Web
  • Minimum investment amount: $10
  • Required Documentation: Government-issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, Bank Account Information).
  • Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.
  • Holding period: You can choose to make your investment plan available on-demand and also choose longer investment durations.
  • Investment monitoring: You can track returns on investments purchased through the Risevest app.
  • Withdrawals: Same-day withdrawals.
  • Security: Rise uses PCI-DSS compliant, bank-grade security and two-factor authentication to protect all users’ accounts. Rise are SEC-registered investment advisers in the US and users’ funds are overseen by our partners who are also registered with the Nigerian Securities and Exchange Commission (SEC) so you know that your funds are safe and regulated at the highest standard of compliance.

2. Trove

App to Buy Local & Foreign Stocks

trove app review | online investment platforms in Nigeria

Like Risevest, Trove is one of the online investment platforms in Nigeria for investing in local and foreign stocks or shares. The stocks that this online investment platform allows you to invest in include American, Chinese, and Nigerian stocks.

Trove also allows you to invest in bonds, REITs, and ETFs. The minimum investment amount on Trove is ₦1,000.

Product Features of the Trove App are:

  • Platforms: Android, iOS
  • Minimum investment amount: ₦1,000.
  • Required Documentation: Government-issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, Bank Account Information).
  • Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.
  • Holding period: As long as you like.
  • Investment Monitoring: You can track returns on investments purchased through the Trove app.
  • Withdrawals: You can withdraw uninvested cash in your wallet for 3 business days or more. If you’re withdrawing more than your invested cash. You’ll need to sell some of your purchased assets. If you submit a sell order it will take between 1 to 2 business days for your funds to settle in your account. You can either choose to deposit the fund in your wallet or bank account. For foreign securities, the least amount you can withdraw is  $50.
  • Security: Trove ensures your personal information is well encrypted with 256-bit encryption. And stored using cutting-edge security technologies. Trove’s partner, DriveWealth LLC, is a regulated member of FINRA/SIPC. Holds All the US trading accounts on Trove. It also protects the securities holdings of its members. Of up to $500,000 (including $250,000 for claims for cash).  Its other partner, Sigma Securities. A firm regulated by the NSE & Securities and Exchange Commission. Holds all Nigerian trading accounts. While ARM Investment Managers, a licensed Asset manager in Lagos, Nigeria. Acts as the Investment Manager for the  Portfolios on Trove.

See: Hawkit Review: How to Earn from Hawkit in Nigeria

3. Carbon

Smart Investment Options

Carbon Paylater reivew

Carbon formerly Paylater, is one of the online investment platforms in Nigeria that provides smart investment options. As well as payments, bills, and instant loans.

Carbon wants to help people unlock the power of money. By helping them build wealth through investments that earn a good return. Carbon has one of the best interest rates in Nigeria.

Checkout: Top Games & Apps That Pay Real Money in Nigeria

Product features of the Carbon app are:

  • Platform: Android
  • Interest rate: 15.5% annually
  • Withdrawal charges: None
  • Minimum withdrawal: None

4. Bamboo

Buy American & Nigerian Stocks

baamboo2

Bamboo is an online investment platform in Nigeria that allows anyone to invest in more than 3500 stocks on the American stock exchange and Nigerian stock exchange.

You can buy, hold, or sell foreign and local stocks on the Bamboo platform right from your mobile phone.

Product Features of the Bamboo App are:

  • Platforms: Android, iOS
  • Minimum investment amount: $20.
  • Required Documentation: Government-issued ID and a Utility Bill ready. The documents will be an image, not an actual physical copy. Some basic information like (Verified Email Address, Verified Phone Number, and Bank Account Information).
  • Payment Options: Mastercard, VISA, and Verve cards issued by Nigerian Banks. Bank Transfer.
  • Holding period: As long as you like.Investment monitoring: You can track returns on investments purchased through the Bamboo app.
  • Withdrawals: A withdrawal order from the app will take between 1 to 2-3 business days for your funds to settle in your account.
  • Security: Bamboo uses state-of-the-art bank-level security, data encryption, and two-factor authentication (2FA) protection on all accounts. All accounts are held at a top-tier local and U.S. brokerage firm; which, as a member of the Securities Investor Protection Corporation (SIPC), insures each Bamboo account up to $500,000.

5. Piggyvest

Invest in Fixed income Instruments, Agriculture & Transportation

piggyvest  review | online investment platforms in nigeria

PiggyVest is another online investment platform in Nigeria that has simplified saving and investing money in Nigeria via the Internet.

This company started as a purely digital savings company, it quickly became an investment medium because of its high interest rates. PiggyVest allows people to invest in its mix of investment options.

Checkout: Top Money Saving Apps in Nigeria

Product Features of the Piggyvest app are:

  • Platforms: Android, iOS
  • Interest rate: Over  10% per annum
  • Withdrawal charges: 5% fee for withdrawals outside fixed withdrawal days( 4 free-of-charge withdrawal days annually)
  • Investment plan: Dollar wallet savings, SafeLock Savings, Target savings, Investment options, and Core savings, Other features: PiggyFlex, SafeLock, and Target savings.

6. Chaka

Invest in Local & Foreign Stocks

chaka investment app review invest in trade foreign stocks from nigeria | Online investment platforms in Nigeria

Chaka is also an online investment platform in Nigeria that is focused on local and foreign stocks. You can start trading shares with Chaka from as low as $10 or N1000.

Product Features of the Chaka App:

  • Platforms: Android, Web
  • Minimum investment amount: $10 or N1000.
  • Required Documentation: Government-issued ID and a Utility Bill ready. The documents will be an image, not actual physical copies—some basic information like (Verified Email Address, Verified Phone Number, and Bank Account Information).
  • Payment Options: Mastercard, VISA and Verve cards issued by Nigerian Banks. Bank Transfer.
  • Holding period: As you like.Investment monitoring: You can track returns on investments purchased through the Chaka website or app.
  • Withdrawals: Withdrawal of your available cash in your account can take up to 12 hours from when your request was made. To withdraw cash from sold stocks takes 3 days. It takes 2 days for the stock exchange (locally and globally) to settle cash for sold shares. It would take an extra day to process the transaction.
  • Security: Every Chaka account is protected by bank-grade AES encryption software. That protects communication between users’ devices and our servers.

7. Cowrywise

Invest in Mutual Funds in Nigeria

cowrywise savings and investing app

Cowrywise is like Piggyvest and Paylater. you can not only save, but you can also invest.

Cowrywise users have access to investments like mutual funds and other money market funds (dollar and naira), halal investments, and agriculture investments.

This online investment platform in Nigeria also affords users, access to loans. Cowrywise offers a fixed savings plan that allows you to put away a lump sum for long periods.

Cowrywise also pays interest on savings to its user’s accounts daily.

See: Piggyvest vs Cowrywise: Which is Better?

Product features of the Cowrywise platform are:

  • Platform: Android. iOS
  • Interest rate: 10% to 15%
  • Withdrawal charges: None
  • Investment plan: Periodic savings, Fixed Savings, and one-time savings.
  • Minimum withdrawal: None

8. P2Vest

Invest in P2P Loans

p2vest app - p2p loan app in nigeria

P2Vest is one of the new P2P loan apps in Nigeria gaining popularity. This lending platform offers people alternative loans to Nigerians.

The P2Vest peer-to-peer lending platform connects screened borrowers to lenders and investors who are looking for better returns on their capital compared to savings accounts and fixed deposits.

P2Vest also has a B2B loan platform called P2VFB for businesses to manage their money lending activities.P2Vest is available on iOS and Android.

This P2P loan platform offers loan amounts of N5,000 to N2,000,000 with a loan tenure of 12 months.

Also See: P2Vest App Review: P2P Loan Platform for Borrowers, Lenders & Businesses

9. Payday Investor by ARM

Invest in ARM Market Fund

payday by ARM

PayDay Investor created by ARM Group is an online investment platform in Nigeria that allows users to create a savings goal and invests the money on behalf of the savers in its money market fund.

ARM Group manages assets of ₦967 Billion. Investment returns are paid quarterly on the Payday Investor.

With this online investment platform in Nigeria, you choose when and how you want to invest.

You can create multiple investment goals and customize your investment plans. You can withdraw your investment (savings & yield) at any time as long as all your KYC (Know your customer) requirements have been met.

Features of the Payday Investor app:

  • Platforms: Android, iOS, Web
  • Interest Rate: 12.6%
  • Withdrawal/Funding charges: NEFT transfer fee of ₦52.50 / 1% convenience capped at ₦1,500.
  • Minimum Withdrawal: ₦1,000

10. I-invest App

Invest in T-bills in Nigeria

i-invest review | Koboline | Online investment platforms in Nigeria

I-invest is part of a unique set of online investment platforms in Nigeria. It allows you to securely purchase and manage Treasury bills from your mobile device securely.

Treasury bills are one of the few risk-free investments that exist. You can track diverse investment portfolios on the I-invest app.

The platform also offers a convenient way for retail investors to save money whilst earning attractive interest rates.

The minimum investment amount is a hundred thousand Naira (N100,000). Both the investment capital and interest are paid to your account upon maturity. You can also cash out your money at any time. However, that only happens after a minimum holding period of 30 days.

See: Best Business Apps in Nigeria

The I-invest app was launched by Sterling Bank in conjunction with Parthian partners.

Features of the I-invest app in Nigeria:

  • Platforms: Android, iOS
  • Interest rate: 8% – 11%
  • Maintenance Fees: None
  • Pre-liquidate: Yes, after a minimum holding period of 30 days.

11. Fint

Invest in P2P Loans in Nigeria

fint loan

Fint is an online investment platform in Nigeria that is focused on P2P lending. It is a loan marketplace that connects creditworthy borrowers to lenders.

Borrowers can get access to affordable loans, and lenders can facilitate loans and get back their money interest.

Anyone can invest in the fint marketplace knowing that their money is insured by Old Mutual insurance in the advent of death, job loss, or accidental disability.

You can earn solid returns with your money by lending money on Fint and diversifying your portfolio beyond stocks, bonds, fixed deposits, and savings accounts. The least amount you can lend is ₦20,000.

Your investment returns are deposited directly into your account every month.

Features of Fint P2P platform:

  • Platform: Web
  • Investments Amounts: ₦20,000 – ₦1,000,000
  • Interest rate: 26%- 39% annually
  • Maintenance/Operation Fees: A 1.5% Operation Fee is deducted from monthly returns.

12. Accrue

Invest in Stocks, Crypto & USD

accrue investment app

Accrue is one of the newest online investment platforms in Nigeria that provides you with an easy and convenient way to invest in stocks crypto and USD using dollar-cost averaging. You can invest with the Accrue App for as little as $1.

You might be wondering what dollar-cost averaging is, well it is an investment strategy where you repeatedly invest a fixed dollar amount in an asset, irrespective of its price.

Accrue uses this dollar-cost averaging strategy to spread risk and reduce the impact of price volatility on your investments.

With Accrue you can invest in over 100 assets that include stocks, crypto, and USD. Accrue offers daily, weekly, bi-weekly, and monthly investment plans.

13. GetEquity

Invest in African Startups

getequity-startup-investing

GetEquity is a unique investment platform that allows you (any Nigerian) to invest in the top local startups in Africa from seed to IPO.

Investing in startups was for those in the know but GetEquity has democratized startup investing for Africans and any can fund emerging, high-growth, promising innovations from Africa with the click of a button.

GetEquity can do this by using tokenized equity; which is the digital version of real security assets (equity).

15. Ajobox Investment

ajobox investment

Ajobox is another P2P loan platform that is focused on SME financing. These SME loans are funded by individuals and groups of investors with low interest rates and guaranteed ROI.

Ajobox is one of the interesting new investment apps in Nigeria. With the Ajobox investment plan, you can earn up to 16% interest p.a by investing MSMEs.

Also See: How to Apply for MSME Survival Fund

The investment period with this app is 6 – 12 months at a minimum investment amount of N50,000.

Best Investment Platforms & Apps in Nigeria

S/NPlatformInvestment Options
1RisevestDollar Real Estate, Stocks & Fixed Income
2TroveUS & Local Stocks
3CarbonHigh Interest Savings
4BambooUS & Local Stocks
5PiggyvestFixed income, Agriculture & Transportation
6ChakaUS & Local Stocks
7CowrywiseMutual Funds
8P2vestP2P Loans
9Payday InvestorMarket Funds
10I-investT-Bills
11FintP2P Loans
12AccrueDollar Cost Averaging (Stocks & Crypto)
13GetEquityAfrican Startups
14AjoboxLocal SME
15CrowdyvestFixed Income

Choosing the Right Online Investment Platform in Nigeria

The rise of online investment platforms in Nigeria is helping Nigerians to invest their money securely and receive returns when they are due.

Technology has allowed people the avenue to not only make money for themselves but also allow other people to do the same.

Even though these online investment platforms in Nigeria’s target customers are millennials. Anyone who operates a smartphone can make almost any type of investment with these online investment platforms in Nigeria.

You don’t need to be wealthy, to start investing. With N1000 you can start investing today.

There are only a few ways to increase your financial worth in the world we live in today. By working a 9-5 or being self-employed, and by having your assets work for you. You need to put your money and time into other projects other than your source of income.

Making this crucial decision can have an astounding impact on your future financially. Stocks and Forex trading platforms are not the online investment platforms available today. Other platforms have emerged to allow anyone.

An online investment platform in Nigeria is a great place to start your investment journey. Choosing which online investment platform to start investing with can be a bit difficult. You can choose based on the features that appeal to you. Like the investment asset.

Are you interested in foreign stocks or real estate? or are you looking for an online investment platform that allows you to begin investing with a small amount?

There are a lot of online investment platforms in Nigeria that fit the bill. You just need to choose one and start investing. Besides you can use more than one online investment platform in Nigeria. This is a great way to diversify your investment capital too.

We’ve done most of the analysis and deliberation on online investment platforms in Nigeria for you, we’ve picked the best ones that are of good reputation and that provide the best investment instruments and rates. Pick one today and start building your wealth today.

8 responses to “15 Legit Online Investment Platforms in Nigeria that Pays Daily”

  1. Victor avatar
    Victor

    I want to ask is pettysave a good investment platform

    1. Osinimu avatar
      Osinimu

      Pettysave is more of a savings platform than an investment platform. I’m not sure how their investments works.

      Pettysave claims to offer 40% annual interest on their investments without stating how or what type of investmentts they offer.

      if you’re going to invest with pettysave, you might want to be cautious. Otherwise it is a legit platform that a lot of people use to save.

  2. Ola avatar
    Ola

    Hi, why was earnersfx not included in the list. Is is not a legit platform?

  3. Marvellous avatar
    Marvellous

    How does earnersfx work

  4. chika avatar

    thanks for sharing great content keep it up

  5. Adekunle avatar
    Adekunle

    I am very enlightened, many thanks

  6. Maria avatar
    Maria

    Hello, thanks for this amazing info.
    I’m so delighted to know that I don’t have to have millions to start investing. Thanks a lot

    I have one question though. With the rest of scams in the world today, is there another way to verify any of these apps to be 100% sure they are trustworthy before working with them?

    Thanks a lot for your reply. I’m grateful 😊

    1. Osinimu avatar
      Osinimu

      You’re welcome Maria.

      One way to be sure they’re trustworthy is to check their reviews from app stores (Apple and Andriod) and also that they’re legit registered companies.

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