What is the best app to invest in Money Market Mutual Funds?
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Since you're in Nigeria, prefer low-risk investments, and have previously looked at Stanbic IBTC and other MMFs, these are the apps I'd rank highest: 1. cowrywise.com — Best Overall Why I like it: Gives access to multiple Money Market Funds in one app. Easy to monitor your investment. Low minimum inRead more
Since you’re in Nigeria, prefer low-risk investments, and have previously looked at Stanbic IBTC and other MMFs, these are the apps I’d rank highest:
See less1. cowrywise.com — Best Overall
Why I like it:
Gives access to multiple Money Market Funds in one app.
Easy to monitor your investment.
Low minimum investment.
Good user experience.
You can compare fund performance without opening multiple accounts.
2. stanbicibtcassetmanagement.com — Best for Direct MMF Investing
Why:
You already know the Stanbic ecosystem.
One of Nigeria’s largest asset managers.
Direct access to Stanbic Money Market Fund.
Good for long-term disciplined saving.
3. arm.com.ng
Why:
Strong reputation in fund management.
Easy to top up monthly.
Suitable for emergency funds and education savings.
4. piggyvest.com
Why:
Simple for beginners.
Automated savings features.
Easy to stay disciplined if you’re earning income in bits and pieces.
If I had to choose only one app for a beginner saving for future goals and eventually for children’s education, I would choose Cowrywise because it combines simplicity, flexibility, and access to several reputable Money Market Funds.