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PiggyVest vs Plum

Plum logo

Plum

7.1#5 in automated savings appsFrom €3.99 a month
Free planAndroidiOS
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What both publish

FactPiggyVestPlum
Company historyPiggyVest 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.
Founded20162016
HeadquartersVictoria Island, Lagos, NigeriaLondon, United Kingdom
SecurityPiggyVest 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 plans

  • PiggyVest servicesFree

Plum plans

  • BasicFree
  • Pro€3.99 a month
  • Boost€7.99 a month
  • Premium€9.99 a month

Pick PiggyVest if…

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.

Pick Plum if…

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.

Charts they share