myStash Technologies Limited Plugging savings into your lifestyle

Last year, when Covid-19 hit, and more than 50% of Nigerians lost their jobs, they had little to nothing to fall back on. This is because over 120 million Nigerians lack financial protection against volatility; no insurance, no stimuli check, and no savings. The habit of saving is difficult and painful, especially in an economy where disposable income is almost non-existent.

People struggle to set aside some money as savings. However, all 120 million of them spend money daily. At MyStash, we see this as an opportunity to help people save for emergencies. Hence, we are creating a multi-bank platform that automatically helps users save as they spend or earn. This way, people do not need to consciously struggle to “build” a savings habit, instead, we “plug” savings into their lifestyle such that they save subconsciously in unnoticeable bits.

Aside from helping people to stash up towards emergencies. We also help users earn daily interest on their accrued savings.