Top Micro-Investing Apps Reviewed: Grow Your Wealth With Just $1

Once upon a time, investing was seen as something only the wealthy could afford. You needed thousands of naira, deep financial knowledge, and sometimes even a stockbroker to get started. But the rise of micro-investing apps is changing all that—fast.

In 2025, you can now start investing with as little as ₦1,500 (roughly $1) from your smartphone. Whether you're a student in Lagos, a young professional in Abuja, or a small business owner in Port Harcourt, micro-investing platforms offer an easy, accessible way to grow your money, even with limited income.

This article reviews some of the top micro-investing apps available to Nigerians, how they work, their key features, and what to watch out for as you begin your investment journey.

What Is Micro-Investing?

Micro-investing refers to putting small amounts of money—sometimes less than $5—into financial markets using technology. These apps allow users to:

Invest in fractional shares
Automate their investments with round-ups or scheduled contributions
Access low-cost ETFs, mutual funds, or digital portfolios
Grow wealth passively without needing to understand complex market jargon

In short, they lower the entry barrier and make wealth creation more inclusive.

Why Micro-Investing Is Booming in Nigeria

Nigeria has one of the youngest populations in the world, with millions of digitally savvy, financially conscious Gen Zs and millennials. Combine that with high smartphone penetration and a hunger for financial independence, and it's no surprise that micro-investing apps are gaining traction.

Key reasons for the boom include:

Low capital requirements
User-friendly interfaces
Access to global markets
Local fintech innovation
High inflation pushing people to look for smarter savings options

Let’s now dive into some of the top micro-investing apps available to Nigerians in 2025.

App	Min Investment	Access to U.S. Stocks	Access to Nigerian Stocks	Auto-Investing	Regulatory Compliance	Best For
Troove	₦1,000	✅ Yes	✅ Yes	✅ Yes	✅ Yes (SEC Nigeria)	All-round beginner investors
Risevest	$10 (~₦15,000)	✅ Yes (Portfolios)	❌ No	✅ Yes	✅ Yes	Dollar-based passive investing
Chaka	₦1,000	✅ Yes	✅ Yes	✅ Yes	✅ Yes (SEC Nigeria)	DIY investors & stock pickers
Bamboo	$1 (~₦1,500)	✅ Yes	❌ No	✅ Yes	✅ Yes (via U.S. partner)	Fast, sleek investing experience
PiggyVest (Investify)	₦1,000	❌ No	❌ No	✅ Yes	✅ Yes	Conservative, low-risk savers

Top Micro-Investing Apps for Nigerians in 2025

1. Troove

Best For: Fractional investing in Nigerian and U.S. stocks

Overview:
Troove allows users to start investing in fractional shares of both local and international stocks with as little as ₦1,000. The app offers a clean interface, educational content, and portfolio suggestions based on risk profile.

Key Features:

Invest in naira or USD
Fractional shares of companies like Apple, Tesla, Dangote, MTN
No minimum account balance
Personalized investment goals

Pros:

Beginner-friendly
Regulated in Nigeria
Automated savings plans

Cons:

Limited advanced tools for experienced investors

2. Risevest

Best For: Dollar-denominated global asset portfolios

Overview:
Risevest allows Nigerians to invest in curated global portfolios with exposure to U.S. real estate, stocks, and fixed-income assets. It’s designed for passive, long-term investing and is pegged in USD—helpful for hedging against naira depreciation.

Key Features:

Start with $10 (or ₦15,000)
Dollar savings and investments
Auto-debit feature
Performance tracking tools

Pros:

Strong diversification
Ideal for long-term wealth growth
Transparent historical returns

Cons:

No individual stock picking

3. Chaka

Best For: Direct access to U.S. and Nigerian stock markets

Overview:
Chaka bridges the gap between Nigerian investors and global markets. You can buy fractions of international stocks and Nigerian equities from one dashboard.

Key Features:

Minimum investment from ₦1,000
Regulated by SEC Nigeria
Access to over 4,000 global stocks and ETFs
Real-time market data

Pros:

Seamless naira-to-dollar conversion
Regulatory backing
Educational resources

Cons:

Slightly higher transaction fees on international trades

4. Bamboo

Best For: Fast and easy investing in U.S. stocks

Overview:
Bamboo offers Nigerians access to U.S. equities with a minimum of $1. The app is known for its sleek design, fast execution, and simplicity.

Key Features:

Dollar and naira wallets
Fractional shares
Auto-investment scheduling
Security via SEC-regulated partner in the U.S.

Pros:

Fast onboarding
Responsive support
User-friendly app

Cons:

Limited educational content for beginners

5. PiggyVest (with Investify)

Best For: Combining savings with low-risk investing

Overview:
PiggyVest started as a savings app but now offers micro-investment options via Investify. While it doesn’t offer stocks, it provides access to fixed-income products and cooperative investments with high yields.

Key Features:

Start from ₦1,000
Up to 12-15% returns annually
Risk ratings for every plan
Auto-debit from PiggyVest savings

Pros:

Conservative, low-risk options
Great for beginners
Excellent track record

Cons:

No access to stocks or international markets

How to Choose the Right App for You

When choosing a micro-investing app, ask yourself the following:

What are my goals? (e.g., retirement, education, inflation hedge)
Do I want global exposure or local investments?
Am I risk-averse or aggressive?
Do I prefer manual control or automated investing?
How much can I realistically invest monthly?

Always read reviews, check security features, and confirm the app is registered or licensed by relevant authorities (e.g., SEC Nigeria).

Risks to Consider

While micro-investing makes access easier, it’s still real investing. Here are some risks to keep in mind:

Market Volatility: Prices can go up or down, even in small amounts.
Hidden Fees: Some apps charge withdrawal or foreign exchange fees.
Poor Diversification: Focusing only on one asset class may limit returns.
Overconfidence: Just because it’s easy doesn’t mean it’s risk-free.

Start small, learn as you go, and don’t invest more than you can afford to lose.

Final Thoughts

Micro-investing apps are democratizing wealth in Nigeria, giving everyday people access to powerful financial tools once reserved for the rich. With just ₦1,000 to ₦2,000 and a smartphone, you can start building a diversified portfolio that grows with you.

But remember: the goal isn't just to invest—it's to invest wisely. Use these platforms to learn, grow, and take small but steady steps toward financial independence.

Disclaimer:

This article is for informational purposes only and does not constitute financial or investment advice. Always consult a licensed financial adviser before making investment decisions.