How to Close, Delete or Deactivate your Piggyvest Account Easily

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How to Close, Delete or Deactivate your Piggyvest Account Easily

Piggyvest is a leading financial technology company that offers exceptional digital solutions for savings and investments. This online banking platform was established in 2018, Piggyvest has grown rapidly to become one of the top savings and investment platforms in Nigeria, providing users with a seamless and secure way to save, invest, and grow their money.

Piggyvest similarly to other Fintech platforms also have its own features and benefits, the following are some of the enjoyable features of Piggyvest:

Savings Goals: Users can create custom savings goals and automatically transfer funds from their bank accounts to their Piggyvest wallet. This helps them save consistently towards their goals.

Lock-in Investments: Piggyvest offers lock-in investment plans, where users can invest their funds for a fixed period, ranging from 30 to 120 days, and earn higher interest rates compared to traditional savings accounts.

Flexible Savings: This feature allows users to deposit and withdraw funds at any time, without any penalties. It is an ideal option for users who prefer more flexibility in managing their savings.

PiggyVest Invest: This feature provides users with access to a wide range of investment opportunities, such as fixed income securities, government bonds, and other financial instruments, managed by professional fund managers.

PiggyBank Account: This feature enables users to create a piggy bank account, where they can save money without the temptation to withdraw it prematurely.

Referral Program: Piggyvest offers a referral program that rewards users with incentives for inviting friends and family to join the platform.

However, despite its many features, Piggyvest does have some disadvantages, such as:

Limited investment options: While Piggyvest offers a variety of savings and investment options, users may find the selection of investment options to be limited compared to other investment platforms.

No insurance: Piggyvest does not provide insurance for the funds invested on its platform, which means that users’ investments are not protected in case of platform failure or fraud.

Fees: Piggyvest charges fees for some of its services, such as account maintenance and transaction fees. These fees can defend on the service being used.

Customer service: I’ve seen some users have reported issues with customer service responsiveness and satisfaction.

How to Close, Delete or Deactivate your Piggyvest Account Easily
How to Close, Delete or Deactivate your Piggyvest Account Easily

How to Close, Delete, or Deactivate your Piggyvest Account Easily

Before you explore how to close, delete or deactivate your Piggyvest account easily, please note that deleting your account is a permanent action, and you will lose access to all your savings and investment data. 

Make sure to withdraw any funds you wish to retain before deleting your account. If you’re determined to delete your Piggyvest account, ensure you follow the instructions provided below:

Log in to your Piggyvest account using your email and password.

After successfully logging in, kindly go to the “Settings” page by clicking on the gear icon in the top right corner of the dashboard.

Read: How to Close, Delete or Deactivate your OctaFx Account Easily

Now, scroll down to the bottom of the “Settings” page and click on the “Delete Account” button.

After that, a confirmation prompt will appear, asking you to confirm your decision to delete your account. Click “Yes, Delete My Account” to proceed.

You will receive a confirmation email from Piggyvest, notifying you that your account has been deleted successfully.

How to Reactivate Piggyvest Account

If you have previously deleted your Piggyvest account and wish to reactivate it, follow these steps:

  • Visit the Piggyvest website at and click on “Sign Up” to create a new account using the same email address you used for your previous account.
  • Complete the registration process by providing the necessary information, such as your name, email address, and phone number.
  • Once your new account has been created, contact Piggyvest customer support at or through their social media channels, informing them that you wish to reactivate your previously deleted account.
  • Provide the necessary identification information, such as your full name, email address, and phone number, to verify your identity.
  • Piggyvest customer support will review your request and, if approved, reactivate your account.

FAQs On How to Close, Delete or Deactivate your Piggyvest Account Easily

Here are some helpful frequently asked questions on How to Close, Delete or Deactivate your Piggyvest Account Easily with answers:

What is the interest rate offered by PiggyVest?

PiggyVest offers interest rates on savings and investments that depend on product or service.

For example, the PiggyVest savings wallet offers a 10.5% interest rate on your savings. The interest rates on investments may be based on the type of investment and market conditions.

Is PiggyVest registratered with the Central Bank of Nigeria (CBN)?

Yes, PiggyVest is registered with the Central Bank of Nigeria (CBN) as a financial technology company. 

This registration adds credibility to the platform and ensures that it operates within the regulatory framework set by the CBN.

Ownership of PiggyVest- Who is the owner of Piggyvest?

PiggyVest was founded by Odunayo Eweniyi, Joshua Chibueze, and Somto Nwanize in 2016. 

The company is privately owned, with the founders and other investors holding stakes in the business.

Which country owns PiggyVest?

PiggyVest is a Nigerian financial technology company that primarily serves the Nigerian market. 

It operates in Nigeria and offers its services to Nigerian residents.

When was Piggyvest founded?

PiggyVest was founded in 2016, making it a relatively young company in the fintech space.

Is Piggyvest in Partnership with Sterling Bank?

PiggyVest has a partnership with Sterling Bank, a commercial bank in Nigeria. Through this partnership, PiggyVest customers can access loans using their savings wallet balance as collateral. 

Sterling Bank also provides banking services to PiggyVest, such as managing customer funds and ensuring compliance with CBN regulations.

Where is Piggyvest Physical Office located?

PiggyVest has a physical office located in Lagos, Nigeria. The address is 12A, Akin Adesola Street, Victoria Island, Lagos, Nigeria.


PiggyVest is a secure and reputable financial platform registered with the Central Bank of Nigeria. 

It offers various savings and investment options, with competitive interest rates and is easy to use by anyone. 

The platform is continuously expanding its services and partnerships to provide Nigerians with innovative financial solutions.

To get your Piggyvest account deleted, do ensure you follow the simple instructions provided in the article and you’re all done.

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