How safe is my money?

Security of your savings and investment is a priority for Cowrywise. We keep your money safe and secure with multiple layers of protection.

Your money is well protected

Bank-grade Security

We are PCI-DSS compliant to ensure security of your data electronically. We also provide you with an option to set up 2FA for key transactions on your account. 2FA serves as an extra layer of protection to ensure the security of your account beyond just a username and password.

Regulatory Compliance

Cowrywise is a duly registered fund manager with the Securities and Exchange Commission (SEC) of Nigeria. All our activities are in full compliance with regulatory requirements to the ultimate protection of our clients.

Best-In-Class Assets

All the investment options listed on Cowrywise, are carefully screened, managed by professional fund managers. All the diverse mutual funds registered with the SEC, with standard third-party custodian structure.

Assets Custody

Our users’ financial assets are held with a licensed custodian, Zenith Nominees Limited, for safekeeping to prevent misappropriation, misuse, theft, and/or loss, and in accordance with applicable law.

Top security questions

Where is Cowrywise' office located?

Our office is located at 5C, Reverend Ogunbiyi street, Ikeja GRA, Lagos. We host meet-up events to educate the public on personal finance, you should register to attend the next one.

How safe are my debit card details with Cowrywise?

We are PCI-DSS compliant to ensure all delicate data are encrypted and rendered unreadable.

Is Cowrywise regulated by the CBN or protected by the NDIC?

Cowrywise is not a bank. CBN regulates banks. Cowrywise is a fund manager duly registered with and regulated by the Securities and Exchange Commission (SEC) of Nigeria to carry out activities related to savings and investments.

Why does Cowrywise require my debit card details?

All automated transactions are done using your debit card, as we take away the hassle that comes with banking halls. Payments for savings and investments are made via your bank issued debit card, secure and seamless.

How does Cowrywise offer higher interests?

Your saved funds are securely invested on your behalf for the duration you choose. Our investment portfolio is a mix of high quality and low-risk financial instruments issued by both Central Bank of Nigeria and the Debt Management Office (DMO). The interest you earn is earned from the returns on these investments.