💰 5 FinTech Apps Lagosians Are Using to Make Money Daily — #3 Will Shock You ! 😗

- October 09, 2025

5 FinTech Apps Lagosians Are Using to Make Money Daily — #3 Will Shock You! | Lagos Fintech Hub

👋 5 FinTech Apps Lagosians Are Using to Make Money Daily — #3 Will Shock You !😗

👋Lagos no dey dull!😀

👥People dey use these 5 FinTech apps to make money every single day — and number 3 go shock you because the earnings too sweet! 💰

If you’re ready to join the cash-out gang, start here 👇

#NaijaHustle #LagosMoneyMoves #FintechNigeria #MakeMoneyOnlineNG #DailyIncomeNG #SmartLagosians #CashOutSeason #DigitalHustle2025 #EarnFromPhone #LagosFintechHub

Introduction: A Personal Mission in the Lagos FinTech Space

Growing up in Lagos, I saw poverty and opportunity sitting side by side. On my daily commute, I saw street vendors struggling for days of sales, and tech-savvy youths hustling with online gigs. It struck me: Why can’t financial tools do more than store money? Why can’t they help people earn money, grow income, change lives?

That question led me into the world of fintech — digital banks, savings apps, rewards platforms. Over the past few years, I’ve explored dozens of Nigerian fintech startups: interviewed founders, tested apps, saved, referred friends, lost count of interest earnings. I want to use what I’ve learned to help you turn your phone into a money-making machine, not just a money-holder.

In this long-form, SEO-rich article, I’ll show you 5 fintech apps Lagosians are using to make money daily. I’ll explain how they work, how much you can realistically earn, and why they’ve taken off. Together, we’ll also think about trust, risk, and how to grow your income sustainably in Lagos.

What Does It Mean to Make Money “Daily” With Fintech?

Before we list the apps, let’s set some ground truth:

Daily income doesn’t always mean huge profits. Sometimes it’s small earnings (₦50-₦5,000) that accumulate.
Earnings might come from interest, referrals, cashback, tasks, or rewards.
Because Nigeria’s fintech regulation and inflation are real, apps that pay on time and have transparent rates matter a lot.

With that in mind, here are five apps doing just that. One of them will shock you — in the best way.

PiggyVest — Savings, Interest & High Returns
OPay — Referrals, Rewards & Agent Opportunities
Kuda Bank — The Shock Factor: Overdrafts, Savings, and “Bank-of-the-Free” Perks
PalmPay — Cashback, Discount & Task-based Earnings
Moniepoint — Agent Banking & Merchant Opportunities

1. PiggyVest — Savings, Interest & High Returns

What Is PiggyVest?

PiggyVest is one of Nigeria’s oldest and most trusted savings and investment platforms. It started as a way for people to save small amounts regularly and has since expanded with various earning tools. It’s regulated by Nigeria’s Securities and Exchange Commission (SEC). app.piggyvest.com+3Apple+3Koboline+3

How Lagosians Make Money with PiggyVest, Daily

PiggyVest offers several “wallets” that earn interest. Here’s a breakdown:

Product	Interest Rate (Annual)	How It Works / Frequency	What to Know
Flex Naira	~ 12% p.a.	Earn daily interest, paid monthly. Withdrawals allowed (but more than 4 withdrawals monthly may affect benefits) blog.piggyvest.com+2tlsclub.com.ng+2	Good for emergency fund or keeping money moving.
Piggybank	~ 18% p.a.	Lock in savings; the longer & more disciplined, the better. tlsclub.com.ng+2blog.piggyvest.com+2	Good for those who can avoid withdrawals.
SafeLock	Up to 22% p.a.	Lock your money for a fixed period (30-1000 days). Interest may be paid upfront or at maturity. piggyvest.com+1	Higher returns but less liquidity.
Investify (Investments)	Up to 35% p.a.	Higher risk, higher potential returns. Projects like agriculture, transport, real estate. tlsclub.com.ng+1	Availability limited; projects may sell out fast.

Also, PiggyVest has a referral program: refer a friend, and you both get bonuses (usually N1,000) when the friend signs up and meets certain criteria. Unleash+1

What You Might Earn in a Day (Realistic Examples)

If you keep ₦50,000 in Flex Naira at ~12% p.a., daily interest is about ₦16-₦17.
If you lock ₦100,000 in SafeLock at 22% p.a., interest accrues more, though you may not see it daily (paid upfront or at maturity).
Referral bonuses can bring in hundreds to thousands of naira a day, depending on how many friends you refer.

Pros & Risks

Pros: Transparent rates, SEC regulation, trustworthy. Great for earning while you sleep.
Risks: Illiquidity on locked funds; projects may have delays; inflation can erode value if interest < inflation.

2. OPay — Referrals, Rewards & Agent Opportunities

What Is OPay?

OPay (Opera Pay) started as a super-app: wallet, payments, bill payments, POS, agent services. In Lagos, its reach is huge. Nairametrics+2Konnect+2

Making Money Daily with OPay

Here are the ways Lagosians are using OPay to earn daily:

Referral Bonuses
You refer friends or new users; when they sign up + complete certain tasks (like KYC, first transaction, etc.), you get bonuses from ~₦250 to ₦800 or more per referral. Some offers run that can make it ₦4,200 for a few referrals. Nairaland+4kinfoarena.com+4Bizvestor+4
Cashback / Rewards
- Airtime/data purchases get a percentage cashback (≈3%). allsubjectsmadesimple.com.ng+1
- Some tasks inside OPay, like bill payments, top-ups, or using certain features, give small rewards.
Agent / Merchant Referrals & POS
You can become an OPay agent (or merchant) and earn commissions. If you refer merchants, or help set up POS (point-of-sale) businesses, there are rewards tied to the volume of transactions those merchants perform. blog.opayweb.com+2Nairametrics+2
Special Offers & Promotions
Sometimes, OPay runs “refer & earn up to N900,000” seasons, or “use 4 different features to unlock X bonus” types of promos. These are limited-time but can yield good daily income if you’re able to maximize them. kinfoarena.com+1

A Closer Look: #3 Will Shock You (Kuda Bank) Coming Up

But first, let’s compare with others — OPay is strong, but there’s another app (#3) with unexpected features.

3. Kuda Bank — The Shock Factor

(When I say “shock”, I mean “unexpected when you realize how much you can do without traditional banks.”)

What Is Kuda?

Kuda is a digital-only bank (“the bank of the free”) — no traditional branches, low fees, budget-oriented. It offers savings, fixed savings, overdraft, free monthly transfers, etc. kuda.com+3Nairametrics+3Nairametrics+3

How You Can Make Money Daily with Kuda

Here are surprising ways Lagosians use Kuda to grow income daily:

Savings Interest
Kuda has savings “pockets” or fixed savings with competitive interest. The exact rate depends on the kind of savings (fixed vs flexible). If you save money in fixed savings, your money grows even if you don’t touch it. kuda.com+1
Overdrafts
Here’s where the “shock” comes: Kuda offers overdrafts — limited amounts you can spend above your account balance, at a low daily interest rate (≈0.23%-0.8%). kuda.com
Many people use this not just for emergencies, but to smooth cash flow: make purchases, pay urgent things, knowing you’ll repay soon. If you manage the overdraft well (not letting interest build up), it lets you unlock small income opportunities you couldn’t afford before.
Fee Savings & Perks
- Kuda gives a number of free transfers per month (e.g., 25 free transfers). That means you save on what you’d pay banks. Those saved fees are effectively income (money you keep). kuda.com
- Budgeting tools or features that help you avoid late charges, unnecessary withdrawals, etc., help you preserve more of what you earn.
Referral or Incentive Promotions
Like other fintechs, Kuda has promos/referrals occasionally. Though maybe not as heavy as OPay or PiggyVest, they still contribute.

What Makes Kuda Shockingly Powerful

You can earn savings interest and benefit from free transactions, which effectively reduces overheads.
The overdraft feature gives flexibility — often missing in traditional banks — which, if used well, can prevent losing business or opportunity because you don’t have immediate cash.
You can use multiple fintechs in tandem: save in PiggyVest; spend via Kuda; do tasks via OPay, etc. Kuda is central in that ecosystem for many users.

What You Might Earn / Save in a Day

If you have ₦100,000 in fixed savings at say ~10-15% p.a., interest per day might be ~₦25-₦40 daily.
Avoiding bank fees of ₦200-₦500 a week (by using Kuda for lots of transfers) can “earn” you ~₦30-₦70/day in saved fees.
If you use overdraft smartly (just when needed, repay quickly), the cost might be less than traditional “penalties” or opportunity cost.

4. PalmPay — Cashback, Discount & Task-based Earnings

PalmPay is another Lagos-popular fintech including wallet, payment, credit, rewards. It’s especially known for giving cashbacks and doing promotions that let users earn small amounts daily.

Key Earning Methods

Cashback & Discounts on airtime, data, bills. Repeated small transactions add up.
Reward Points & Referral Bonuses: refer friends, complete tasks in-app.
Promotional Offers: some days PalmPay offers double rewards or “extra points” for doing certain things.

Rough Earnings Example

If you buy ₦1,000 of airtime daily, and you get 2-3% cashback, that’s ₦20-₦30/day from that one action.
Combine bill payments + shopping + referrals, you might reach ₦500-₦2,000/day, depending on your network and consistency.

5. Moniepoint — Agent Banking & Merchant Opportunities

Moniepoint is more merchant-/business-focused but has ways individuals can earn too.

How Lagosians Are Making from Moniepoint Daily

Agent Banking (POS): Become a Moniepoint agent, provide cash in/out, and earn commissions on transactions. If you are located in a good area with volume, this can yield consistent daily income.
Merchant Referrals & Commissions: Help small businesses adopt Moniepoint’s POS or digital banking tools; you often get referral bonuses.
Business Banking Savings Tools: Moniepoint offers business accounts, where some interest or returns are tied to funds. Also, being part of Moniepoint’s network gives access to business-structured opportunities.

What You Might Earn

Agent commissions can vary — some agents in busy Lagos areas report hundreds of thousands naira monthly, though start-up costs exist (device, working capital).
Smaller scale merchant referral or being a small POS operator can bring in ₦1,000-₦5,000/day if well located and consistent.

Comparing the 5: Which App Suits You Best?

To decide which fintech(s) to use, think about:

Factor	PiggyVest	OPay	Kuda	PalmPay	Moniepoint
Best for earning interest / passive income	✅ Strong	⚠️ Very limited	✅ Moderate	⚠️ Some cashback	⚠️ Mostly business side
Best for referral & bonus income	✅ Reliable	✅ Frequent	✅ Available	✅ Many promos	✅ For merchant roles
Best for day-to-day income from tasks etc.	⚠️ Not many tasks	✅ Several tasks & promos	⚠️ Less tasks, more savings	✅ Tasks & cashback	⚠️ More business income
Best for low risk, reliable payouts	✅ High	✅ Moderate-High	✅ High	Moderate	Business risk involved

#3 Will Shock You — Because It’s Not What You Thought

Most people think “make money fintech” means referral bonuses or bill payment cashbacks. But Kuda changes the game by letting users leverage overdrafts AND combine that with savings interest and free transfers. If you use Kuda as a “financial hub” — move money in, make needed payments, keep savings, avoid fees — you effectively earn by saving and by saving costs.

It’s not just about direct bonuses; it’s about structuring your daily finances so that fintech works for you, not just you working for fintech.

That’s why, when used smartly, the combination of overdrafts + interest + saved fees can outpace what you might get from only referral promos. For many Lagosians, that’s the shock: fintech isn’t just for “side hustles” — it can transform everyday financial life.

Practical Tips: How to Maximize Daily Earnings from These Apps

Use multiple apps — PiggyVest + OPay + Kuda + PalmPay, etc. Don’t put all eggs in one fintech.
Track rates, changes — Fintech interest rates and promo rules change. Always check app for current rates.
Referral strategy — Keep it genuine. Invite people who will really use the app (increases odds you’ll get your bonus).
Leverage small tasks — Cashback, data/airtime sales, promos — small amounts add up.
Avoid fees & penalties — Know withdrawal limits, overdraft costs; avoid making mistakes that cost you more than you earn.
Stay legit & secure — Use apps fully KYC-verified; avoid shady apps that promise extreme returns with no backing.

Common Questions & My Answers

Q: How much can I realistically make per month?
A: If you use one or two of these apps actively — saving, doing referrals, using cashback — many people earn ₦5,000-₦50,000/month extra. Big earners (agents, big referrals) can make more.

Q: Is this safe? Are there scams?
A: With the big apps (PiggyVest, Kuda, OPay, Moniepoint), regulation and security are reasonably strong. However, always read terms, avoid third-party promises of “double your money overnight,” and check payout records.

Q: Do taxes apply?
A: Yes. If you’re earning incomes (agent commissions etc.), Nigerian tax law applies. Keep records and consult a tax advisor.

Conclusion: FinTech That Gives Back

My mission in the Lagos fintech space isn’t just to make money — it’s to empower people to use financial tools to grow. These 5 apps are doing that: helping people earn interest, referrals, agent commissions, cashback, and avoid costs.

If you’re in Lagos, or anywhere in Nigeria, you don’t need hundreds of thousands to begin. Start with a small sum (maybe ₦5,000), try out a savings interest, refer one friend, use app features, track your earnings. Over time, the accumulation, both in naira and confidence, can change your life.