5 Financial Mobile Apps For Believers

The best thing about savings is the peace and calm you experience in the face of an emergency. We agree that the love of money is the root of all evil, but have you experienced lack? The lack of money is the beginning of depression. 

Asides that proper savings can reduce anxiety, panic and make your concentration level better, it helps you plan for the future. In Luke 14:28 the Bible says, "If one of you is planning to build a tower, you sit down first and figure out what it will cost, to see if you have enough money to finish the job". 

But to effectively save you need to be diligent. Proverbs 10:4-5; "Being lazy will make you poor, but hard work will make you rich. A sensible person gathers the crops when they are ready; it is a disgrace to sleep through the time of harvest". The benefits of savings come from consistency. Proverbs 13:11; "The more easily you get your wealth, the sooner you will lose it. The harder it is to earn, the more you will have".

With the advancement of technology, there are mobile apps that makes savings even easier. You need a money saving app if: 

i) You find it challenging to plan out your savings.
ii) You consistently forget that you need to save 
iii) You need a more efficient way to keep your money
iv) Your savings have become too large and you do not want them in your usual bank account. 

Here are Five Financial Mobile Apps: 

Not to worry, they're all registered and accountable to the Central Bank of Nigeria. Therefore they are reliable. 

1. AlatByWema

ALATByWema is Nigeria's first fully digital bank. That means you can perform all your transactions on your electronic device without going to a physical branch. With ALAT you have banking power within reach, wherever you can connect to the internet. 
You can also create a free virtual dollar card for your online and foreign transactions. ALAT also has a feature to let you save with with your friends using (group target and rotating savings). This account can be opened in minutes; all you have to do is download the app from Google play store or Apple app store and upload the necessary details. 

2. Kuda Bank

Kuda is a fintech company operating both in Nigeria and the United Kingdom. Its aim is to make financial services more accessible affordable and rewarding. Kudabank's services include free money transfers, smart budgeting, investments, instant access to credit; all of this through your digital device. 

3. Kolopay

helps you save little by little towards your goal while rewarding you 10% interest. Another amazing benefit of Kolopay is that you're rewarded with kolocoins which can later be converted to cash and added to target when you share with family and friends. Kolopay is very easy to use, as you can download the app on your mobile phone. 

4. Cowrywise

Cowrywise is a financial technology company digitizing the investment management industry in Africa. Cowrywise makes saving and investing simple and highly rewarding. It provides you with access to different mutual funds including dollar funds. It also provides savings plans that generate interest over the period you specify.  

5. Piggvest

Last but not the least is Piggyvest, a platform that helps individuals and businesses manage their finance effectively. Originally called piggybank.ng and launched in 2016,  piggvest is a savings product which aids customers in becoming more effective at financial management. 


The Bible in Proverbs 21:5 encourages us with this words, "Plan carefully and you will have plenty; if you act too quickly, you will never have enough".

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