Paylater Launches PayVest, a New High-Paying Investment Service [CLICK]

Paylater Launches PayVest, a New High-Paying Investment Service, the popular loan rendering startup, has just announced PayVest, a new feature as part of its services. 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.”

PayVest is a bold solution to this issue. The feature is a fixed-interest investment account for users. With PayVest, users can save, or rather invest, some portion of their earnings and expect high returns later.

Although several investment options already exist in Nigeria, most do not offer reasonable returns. Beyond brick-and-mortar businesses, most investments either have high entry requirements or offer paltry returns. For instance, since 2017, investments in treasury bills have been restricted to investors with funds above N50m while savings deposited at banks have historically never offered reasonable returns.

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.

PayVest allows users to set up as many as five short and long-term investment plans. It also allows investments ranging from N50 thousand to N10 million.

Interestingly too, the feature offers no hidden charges. There are no fees to set up an investment account or to maintain one.

While it started out as a loan service, has added quite a number of new features recently. The app now supports airtime recharging, funds transfer, and utility bills payment. Unveils PayVest, A New High Paying Investment Service

With PayVest, ultimately transforms from a simple loan service app to a full-blown financial services app. Now, this transition is not entirely surprising and as it must have been quite easy for the service.

How to Set up a PayVest Account

The new feature is available from within the app. Simply click on “Activate Payvest” from the homepage and you can begin investing right away.

SEE ALSO: Alibaba Business School and UNCTAD Train African Entrepreneurs to become Catalysts for Digital Transformation [CLICK]

Do you have a story you care about or is there an issue you want to look into? Email your story ideas or suggestions to us at
If you wish, you can also send your stories, pictures and videos to our
Whatsapp number:  09090480519
or any of our Social Media platforms:
Twitter (tweet at us or DM): @thesheetng
Instagram: @Thesheetng

This is a 2018 Copyright of You may wish to request express approval from to republish.


  • Nawaooo 
  • OMG 
  • LOL 
  • Amazing 
  • So sad 
  • Boring 
FavoriteLoadingRead it Later
Facebook Comments

Leave a Reply