For many, saving is one things they find difficult to succeed at. Even those who try hard to save, the banks do not help matters, as they even make debit card compulsory for savings account holders. So, with a debit card and probably an attire you’ve also dreamt of buying, staring at you in the face, you should know what would happen next.
CowryWise wants to help you, and at the same time, improve the saving culture amongst Nigerians.
Launched in January 2017 by Razaq Ahmed, the platform is a personal finance management platform built to allow users make periodic money saving a lifestyle.
Beyond leveraging technology to foster a rewarding saving culture, CowryWise is making it easier for everyone to have access to wealth management services originally reserved exclusively for the rich. According to the team, “we believe every Nigerian deserves wealth management service. CowryWise is delivering this in a cost-effective way. Our goal is to help our users make financial management a lifestyle in an easy, consistent and less strenuous way.”
How it works?
Sign up for a CowryWise account with your name, email and phone number. For added security, both your email address and mobile number is verified. Next, using your ATM Card/Debit Card or Bank Account, initiate your first saving. CowryWise automatically handles your periodic savings, and promises to five 10% – 15% interest per annum.