15 Legit Online Investment Platforms in Nigeria that Pays Returns

15 Legit Online Investment Platforms in Nigeria that Pays Returns

Last Updated on November 28, 2022

Money isn’t everything but happiness alone can’t keep out the rain. That is why investing is a crucial part of building your wealth.

There are several online investments platforms in Nigeria 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.

In this guide, we will go through our picks of the best online investment platforms in Nigeria.

You can rest assured that all these online investment platforms are genuine and secure. So your money isn’t going to go into thin air.

List of Legit Online Investment Platforms in Nigeria

  1. Risevest – Dollar Denominated Investments
  2. Trove – Buy Local & Foreign Stocks
  3. Carbon – Smart Investment Options
  4. Bamboo – Buy American & Nigerian Stocks
  5. Piggyvest – Invest in Fixed income Instruments, Agriculture & Transportation
  6. Chaka – Invest in Local & Foreign Stocks
  7. Cowrywise – Invest in Mutual Funds in Nigeria
  8. P2Vest – Invest in P2P loans
  9. Payday Investor by ARM – Invest in ARM Market Fund
  10. I-invest – Invest in T-bills in Nigeria
  11. Fint – Invest in P2P Loans in Nigeria
  12. Chipper Cash – Invest in Stocks & Crypto
  13. Accrue – Invest in Stocks, Crypto & USD
  14. GetEquity – Invest in African Startups

Best Online Investment Platforms in Nigeria for Building Wealth

Here are the best online investment platforms in Nigeria for building wealth:

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.

With Rise vest, you can start investing in dollars in Nigeria using only their 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 Rise vest App

  • Platforms: Android, iOS
  • 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 Rise vest 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.

See: Hawkit Review: How to Earn from Hawkit

2. Trove

Buy Local & Foreign Stocks

trove app review | online investment platforms in Nigeria

Like Rise vest, 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 Trove App

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 Investment managers for the  Portfolios on Trove.

ALSO SEE: Top Games & Apps That Pay Real Money 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.

Product features of Carbon

Platform: Android

Interest rate: 15.5% annually

Withdrawal charges: None

Minimum withdrawal: None

4. Bamboo –

Buy American & Nigerian Stocks

Bamboo is an online investment platform in Nigerian 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 Bamboo App

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 out 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.

Product Features of Piggyvest

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 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 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 also 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 on a daily basis.

Product features of Cowrywise

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 Payday Investor

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

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 is 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.

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

Features of I-invest

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 on a monthly basis.

Features of Fint

Platform: Web

Investments Amounts: ₦20,000 – ₦1,000,000

Interest rate: 26%- 39% annually

Maintenance/Operation Fees: 1.5% Operation Fee deducted from monthly returns.

12. Chipper Cash

Invest in Stocks & Crypto

Chipper cash Nigeria app review

Chipper cash is an app that lets you send and receive money across Africa. it also lets you invest in Stocks and crypto (bitcoin)as well.

Chipper lets you build your investment portfolio by allowing you to buy fractional shares of foreign publicly listed companies like Apple, Facebook, and Nike. Chipper cash claims to offer the lowest commissions and fast trade executions.

You can also buy and sell bitcoin easily on this app as well.

13. 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.

14. GetEquity

Invest in African Startups

getequity-startup-investing

GetEquity is a very 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 democratised startup investing for Africans and any can fund emerging, high growth, promising innovations from Africa from the click of a button.

GetEquity is able to do this by using tokenised 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.

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

Making Your Choice

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 target customers are millennials.

Anyone that 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.

Taking 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.

While 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 fits 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 very 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 that provide the best investment instruments and rates. Pick one today and start building your wealth today.

6 responses to “15 Legit Online Investment Platforms in Nigeria that Pays Returns”

  1. Victor avatar

    I want to ask is pettysave a good investment platform

    1. Osinimu avatar

      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

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

  3. Marvellous avatar

    How does earnersfx work

  4. chika avatar

    thanks for sharing great content keep it up

  5. Adekunle avatar

    I am very enlightened, many thanks

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