Piggyvest, one of Nigeria’s leading fintech savings platforms, has been trending on social media after news emerged that it reportedly lost N2 billion to a fraudulent investment scheme called Imagine Lenders.
The managers of the firm Bamise Samson Ajetunmobi and his wife, Elizabeth, have both been declared wanted. This news has steered up a lot of concerns amongst users of the PiggyVest.
Regardless, PiggyVest has moved quickly to quell the rumours by assuring its users that their funds are safe and secure. In a post shared on its Twitter handle, the firm said that it is aware of the rumours making the rounds and it will never compromise the funds.
The statement reads: “Our attention has been drawn to some rumours making the rounds about Piggyvest. Please note that Piggyvest will NEVER compromise the funds of any users in any way. All Piggyvest user funds remain safe and secure as always.
“No user funds have experienced any loss of any kind, nor will they experience anything of the kind. Thank you for trusting us over the years. We do not take it for granted, and once again, we reassure you that your funds are safe as always.”
It is unsurprising that such rumours can easily make users of the platform agitated due to the absence of trust in the system. This was why what can be termed as social media banter became a full-blown crisis for Piggyvest. Thankfully, the fintech’s response via its press release and follow-up emails to its users has calmed a lot of nerves.
Clearly, no one wants anything to happen to one of Nigeria’s most treasured fintechs!
