One major question people ask about us is “Is Cowrywise Legit?!”, “How safe and secure is Cowrywise?” At Cowrywise, security is a priority for us. We ensure that your savings and investments are very well protected. In this article, we’ll be clearing any doubts you might have about the security structure of Cowrywise.
Where is Cowrywise located?
We have a beautiful office space located in the heart of Ikeja, Lagos; one you can always visit. Our address is 5C, Rev. Ogunbiyi Street, GRA Ikeja. We’d be glad to have you stop by sometime!
Is Cowrywise legit and regulated by the CBN or the NDIC?
The NDIC is the body that insures bank deposits. Cowrywise Financial Technology Limited (“Cowrywise”) is a fund manager duly registered and licenced by the Securities and Exchange Commission (SEC) of Nigeria. Just as the CBN is to banks, the SEC is the overall regulatory body for investment platforms like ours.
What does Cowrywise invest in?
Cowrywise helps users who opt-in for interest to invest their savings in treasury bills, government bonds and high-quality commercial papers. These choices of investment are motivated by the desire to provide our users with low-risk investment options that still yield high returns. Globally, treasury bills and government bonds are adjudged to be the most secure investment options.
Cowrywise Financial Technology Limited (“Cowrywise”) is a fund manager duly registered with the Securities and Exchange Commission (SEC) of Nigeria.
Why does Cowrywise require my debit card details?
All transactions are done using your debit cards as we help take away the hassle of banking halls. Payments are made via your bank-issued debit cards, secure and seamless. Have no worries though, our payment processors are PCI DSS compliant (globally certified) to ensure all delicate details are encrypted and rendered unreadable.
How does Cowrywise offer high returns?
Your saved funds are invested securely on your behalf for the duration you choose. Our investment portfolio is a fine mix of both high-quality and low-risk financial instruments issued by both the Central Bank of Nigeria (CBN) and the Debt Management Office (DMO). The interest earned on your savings is earned from the returns of those instruments.
Would you love to get started with your investment journey? You can download the Cowrywise app now.
So, is Cowrywise legit? We 100% are! ?
Read our users’ testimonials and be inspired by how they use Cowrywise to transform their finances.
Want to find out more about our investors, company culture and the amazing team who make work worth it every day? Check our About Us page.
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I enjoyed every bit of this article. Will return for a second reading.
Whoosh!
Thank you, Edima.
Just bookmark it in your browser for easy access.?
Mobolaji no words just thank you for this beautiful piece!
The push I needed..thank you
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This was worth every minute. A real eye opener. Thank you Cowrywise!
Thanks for reading, Patience!
Thank you.
Sure doing my best to invest and save.
Wow…..I really appreciate your effort on this beautiful savings
☺️
I really enjoy reading your post. Please can you elaborate more on the design thing I do not understand it and if I want to invest for my wife or daughter, how do I go about it thank you.
Hi Oyebanji, it’s easy to invest for your wife and daughter. You can begin investment plans on their behalf with your account or use your referral code to get them to sign up. After they sign up, they can both start investment plans on the platform.
We’ll send you a comprehensive mail shortly.
Please read all about the Design Fund for women here: https://cowrywise.com/blog/investing-in-women/
Applications close on the 25th of March, 2021.
I loved every part of it. I loved how your vulnerability gave you the strength to be financially secured. Thank you so much! I took few notes I will work on.
Awesome! ??
Long but worth the read. I will spend my money better now. I will save and I have just been pushed to invest more than I ever have. Thanks for this piece.
Thanks for reading, Rhoda!
Please can you write every article on the INTERNET!!! This was so relatable yet so informative I felt like I was talking to a friend !!!! I love you already !!!
? Thank you so much, Obianuju.
Insightful!!! I enjoyed how you “gisted” the knowledge.
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Nice article.
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Just what i needed, thank you!
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Beautiful write up.
The “do not eat tomorrows yam” hit the hail harder.
Thank you cowrywise for the many beautiful contents.
Thanks for reading as well, Victoria.
Thank you so much for sharing. I especially love how you delineated the plan to create the plan. Thank you really. This has been so helpful especially at this crossroads I find myself.
So glad it helped.
Wonderful I enjoyed the article
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This is archive worthy. Something you screengrab and then go back to everytime you loose guard
Whoosh! ?
Thank you, Amal.
I tell you
This was lengthy but encompassing, thanks for writing
Thanks for reading, Faith…
Factory setting occurred in my brain. Thank you sir.
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Wow!!! Love this Piece. Truely from a reset brain.
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This is an amazing write up and yeah, an eye opener. And I love the fact that it’s so relatable with the small small vernaculars, lol, e long but e sweet.
“e sweet”!
Haha. Thanks Folajimi
This is proper financial advice. You have mapped out s lot of strategies that will benefit me financially if properly applied as a young professional. Thank you for the sound advice, Mobolaji.
Awesome content! Great push! Thank you very much ma’am ❤️❤️❤️
Nice piece. Really inspiring to me even as a man.
What a nice article .???. You did a great job ma
I want to give you loads of hugs. Your post today couldn’t have come at a more better time. This post reminded me of Andy Mineo’s quote on Vulnerability…It draws people in closer to say ‘me too’. This was certainly the energy booster I needed after running numbers today.
I really enjoyed reading this. I’ll share with the teen girls I mentor. Thank you so much.
Such an insightful piece! You’re a good writer Mobolaji!
Thanks for sharing.
Thank you Mobolaji. Thank you very much.
Thank you for providing the materials needed to build a good financial culture.
Insightful and relatable!
You rock!!!!!!!!!!
Deep stuff, useful to both men and women alike!
Thank you for sharing!
I feel like saving this write up somewhere to be reading every month…If I hear say na for women alone…Thank you so much for sharing.
Thank you very much for this,
It is very relatable,
Every woman ought to be financially stable to avoid stories that touch,
Thank you once more.
I’m really touched by this guidelines and I see myself becoming greater from this piece ❤️
I enjoyed this article. Every line and wors spoke to me. Thank you so much, i really find this inspiring
I really enjoyed this article , thanks so much
Thank you so much for this❤️
I look forward to implementing what I learnt and reading more of your articles
This Uplifting article is just what I need as a Student who’s trying to be money-wise. Thanks, I’ll be sharing this.
This is really so insightful. Thanks so much, Mobolaji. I’ve got a new perspective
Thank you so much For the piece. May God help me to invest.
Thank you for this piece, I have taken a different path now to wealth creation, but do you or cowryrise offer mentoring programs?