
PiggyVest
6.7#7 in savings appsFree planFree planAndroidiOSWeb
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| Fact | PiggyVest | Plum |
|---|---|---|
| Company history | PiggyVest says it launched as Piggybank.ng on January 7, 2016, and rebranded in April 2019 as it began offering direct investment opportunities. | Plum's about page says its founders' saving challenge began in 2014 and that the company is based in London with offices in Athens and Nicosia. |
| Founded | 2016 | 2016 |
| Headquarters | Victoria Island, Lagos, Nigeria | London, United Kingdom |
| Security | PiggyVest says it uses 256-bit SSL encryption, encrypts card and bank data, and provides two-factor authentication. | Plum says it does not store or access bank login details, uses read-only transaction access, AES encryption for sensitive data, and 256-bit TLS for browser-server communications. |
PiggyVest suits people who want scheduled or goal-based savings, including group challenges, as well as those considering its investment opportunities. Its savings options include longer-term locking and a tool for setting aside rent and household bills.
Plum suits adults in its listed countries who want automated saving alongside spending tools and investment options. It requires a supported current account held in the user's own name; business, savings, and joint accounts are not supported as primary connected accounts.