What is Cowrywise and how does it work?

Cowrywise is a Nigerian fintech app that helps users save and invest money. It offers multiple savings plans with varying lock periods and interest rates, mutual fund investments, a digital wallet called Stash for peer-to-peer transfers, and group savings circles with friends and family.

How much does Cowrywise cost?

Cowrywise is free for locked savings plans. For Emergency plans and Naira mutual fund investments, there is a 1.5% processing fee capped at N2000 for debit card payments or N250 for bank transfers and Stash transfers.

Who is Cowrywise best suited for?

Cowrywise is suited for Nigerians who want to save with better interest rates than traditional banks, invest in mutual funds, build emergency funds, or coordinate savings with others through group savings circles.

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Cowrywise: Funding, Reviews & Alternatives (2026) – Liners

Cowrywise

🇳🇬 Nigeria

A Nigeria-focused fintech app that helps individuals save automatically and invest in SEC-licensed mutual funds and fixed-income products with goal tracking on web and mobile.

Available on:WebAndroidiOS

Visit Cowrywise

Cowrywise is a SEC-licensed digital savings and investment platform for Nigerians who want to build consistent saving habits and invest in regulated products through web and mobile apps.

Key capabilities include:

Automated savings plans with recurring deposits, designed for goal-based saving and consistency
Mutual fund investing across curated options (including Naira and Dollar funds), with the fund manager disclosed on each fund’s profile page
Fixed-income options such as treasury bills and bonds for users seeking lower-risk investment choices
In-app tracking to monitor savings, investments, and returns in one place, supported by financial learning resources

Available on Web, Android, and iOS.

It primarily serves individual Nigerians, including young professionals, students, early savers, and small business owners who want low-minimum, app-based access to saving and investing.