Question 1

What is Wealthbuddy and how does it work?

Accepted Answer

Wealthbuddy is a Nigerian savings and investment platform that lets you fund naira and dollar wallets, save toward goals, and invest in products like mutual funds from one dashboard. You create savings goals or fixed lock plans, fund your wallets via card or bank transfer, then allocate funds to savings or investments and track everything in a real-time dashboard.

Question 2

How much does Wealthbuddy cost?

Accepted Answer

Wealthbuddy uses a free access model and you can sign up and use the app without a subscription fee. Any applicable charges would relate to specific financial products or transactions rather than general platform access.

Question 3

What countries does Wealthbuddy operate in?

Accepted Answer

Wealthbuddy operates in Nigeria and is built primarily for Nigerian retail users. Its onboarding, currency support, and regulatory registration are aligned with the Nigerian market.

Question 4

How do I sign up for Wealthbuddy?

Accepted Answer

You can sign up for Wealthbuddy by creating an account with your email address and completing KYC using your BVN. Registration is done through the web app or mobile app, after which you can start funding your wallets and setting up savings or investments.

Question 5

Does Wealthbuddy have a mobile app?

Accepted Answer

Yes, Wealthbuddy is available on iOS and Android. You can download Wealthbuddy on the App Store for iPhone, or get it on Google Play for Android.

Question 6

Who is Wealthbuddy best suited for?

Accepted Answer

Wealthbuddy is best suited for individual retail users in Nigeria who want to save and invest in naira and dollars using a mobile-first app. It is particularly useful if you want goal-based savings, fixed lock plans, and easy access to mutual funds and other curated investments.

Question 7

How do I contact Wealthbuddy support?

Accepted Answer

You can contact Wealthbuddy support by emailing crm@wealthbuddy.ng. You may also reach out via their listed social channels such as X, Instagram, YouTube, Facebook, and LinkedIn.

Question 8

Does Wealthbuddy have a plan for teams or businesses?

Accepted Answer

Wealthbuddy is designed for individual users and there is no indication of a dedicated plan for teams or businesses. Its features and onboarding flow focus on personal savings and investments.

Question 9

What popular product is Wealthbuddy an African alternative to?

Accepted Answer

Wealthbuddy is an African-built alternative to Robinhood.

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