PennyTree is a gamified Lifestyle payment and savings application that helps you keep up with your savings habit and make payments (airtime, and bills) and it’s absolutely FREE to use.
All you have to do is download the app “PennyTree” or visit our website; www.mypennytree.com, create an account with your full name, email address and phone number. Get verified and start saving.
We are currently at a level where savings and wealth building are characterized by setting debit reminders and locking funds away in digital vaults. We thought we could even make this more seamless, fun and enjoyable by building an affinitive ecosystem; creating a clan of financially savvy customers who would automate wealth as they build their lifestyle.
PennyTree launches in Nigeria with the introduction of a first of its kind product in Africa — Penn Rules (Gamified savings) and offering Payments (buy airtime, pay utilities), transfers (Penn to Penn Wallet), target savings and personal vault features.
The Penn Rules allows users to integrate savings habits with their lifestyle, thereby, demonstrating that lifestyle and finance are not mutually exclusive. With Penn Rules, users are able to save as they earn, save as they spend, save as they live and save as they interact in the digital village without second guessing. Create your own rules while you earn an interest of 12% p.a.
Asides getting on the next level of savings culture with Penn Rules, you can decide to save continuously, deliberately and consistently (daily, weekly and/or monthly) to reach your savings goal and earn up to 10% p.a. Or lock away funds for a specific duration of time using our personal vaults feature and earn between 10–15%. You can start saving with as low as₦100 and as high as you want.
Pay bills (buy airtime, pay utilities) seamlessly. PennyTree was launched on the 1st of December, 2021 and Co-founded by Ayo Ogunlowo and Adeleke Awotayo-Ayeni
We make financial discipline fun, enjoyable and easy.