Monday, September 8, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News

Paylater Launches PayVest, a Service That Allow User to Invest And Earn 15% Interest

Tech Gist Africa by Tech Gist Africa
07/05/2018
in News
0 0
0
Paylater Launches PayVest, a Service That Allow User to Invest And Earn 15% Interest
0
SHARES
Share on FacebookShare on Twitter

Nigerian loan rendering startup, Paylater has launched a new feature to its services called PayVest, a fixed-interest investment product that allows users “invest” for interest rates of up to 15%. The service aims to help the company’s customers get better at managing their finances.

The company in a statement said “over the last 2 years, our app’s features have helped customers support families, grow businesses, and pay for services, whenever required.

We've just updated the app, with our fantastic new investment feature called PayVest! 🚀

Here's what's on offer:
– Earn great investment returns, up to 15.5% annually 📈
– Create up to 5 investment plans 🔀
– Zero fees/hidden charges ⛔️

Available now. https://t.co/gJkK4wOwBf pic.twitter.com/c6ILzAd1It

— Carbon (@get_carbon) July 4, 2018

While these are all great for the ‘here and now’ situations, we recognize that, sometimes, you also need to plan well into the future and better control your financial flows by putting away money.”

With a two-year experience in providing loans and other services, the company realized that “sometimes, you also need to plan well into the future and better control your financial flows by putting away money.”

The new feature is a fixed-interest investment account for Paylater.ng users. With PayVest, users can save, or rather invest, some portion of their earnings and expect high returns later. PayVest appears to be an attractive investment option.

The feature promises an annual interest rate of 15.5%. This is a huge figure, relative to that offered by banks and means that you can earn above the inflation rate.

How to Set up a PayVest Account

  1. Download the updated Paylater app from the Google Play Store
  2. On the Home Page, click ‘Activate Payvest’ and enter the amount you would like to invest
  3. Name your investment plan (bonus points for anyone who names theirs ‘I ❤️ Paylater’!) and then confirm the terms
  4. We’ll provide a customized account for you to transfer your investment to, and, boom! Your investment is locked in.

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

Stratech South Africa
Investments

StraTech Secures Strategic Investment to Expand Enterprise Fintech Infrastructure Across Africa

by Tech Gist Africa
09/05/2025
0

StraTech, a South African fintech startup specializing in enterprise-grade financial infrastructure, has secured a strategic investment from VEA Capital Partners,...

Read more
Sahel Capital Mastercard Foundation

Sahel Capital Secures $10M from Mastercard Foundation to Scale Agri-SMEs Across Africa

09/05/2025
REdimension Capital South Africa

REdimension Capital Secures $13.8 Million to Transform South Africa’s Proptech Landscape

09/04/2025
Finnfund Poa Internet Kenya

Finnfund Invests $4M in Poa Internet to Expand Affordable Broadband in Kenya

09/04/2025
Holo Fintech UAE

Holo Secures $22M Series A to Revolutionize Homeownership in UAE and Saudi Arabia

09/03/2025
Next Post
Nigerian, Kenyan, And Other Africa Entrepreneurs Shine At 3rd Cohort of the eFounders Fellowship

Nigerian, Kenyan, And Other Africa Entrepreneurs Shine At 3rd Cohort of the eFounders Fellowship

Afrilabs

Liquid Telecom to Provide Connectivity And Cloud Tools to AfriLabs Innovation Hubs

The Big 5 Daily: Tunisia lighten up as Start-ups Raises $7m Fund, News from Instagram, and plenty Good news for Africa

The Big 5 Daily: MTN Unveils Made For Home, Africans Shine at 3rd Cohort of the eFounders Fellowship And Others

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.