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PennyTree is a Lifestyle payment and savings application that helps you keep up with your savings habit and make payments.
It is a digital lifestyle platform using AI features with a mission to take the saving culture a notch further. With Penn Rules – a first of its kind digital lifestyle product in Africa, PennyTree offers features that help you save as you earn, save as you spend, save as you live and save as you interact in the digital village without second guessing.
As earlier mentioned, PennyTree is not just another savings app, it is way more than that. Below are nine reasons you should jump on PennyTree now!

- Earn free money on Penn Wallet – Guess what? It does not just have a cool name for collection and disbursement, it earns you an interest. You earn free money on all funds on your Penn Wallet if you use PennyTree regularly.
- Avoid unnecessary bank charges – With PennyTree wallet system, you can avoid unnecessary bank charges. Send money to friends and family through your Penn Wallet, using their unique user ID with zero charges. Transfer from one PennyTree user wallet to another is absolutely free, seamless and instant.
- Earn N50,000 in 30 Days on PennyTree – if you introduce your friends and family to the PennyTree app, PennyTree will pay you. You can earn up to ₦50,000 in 30 Days if you take part in PennyTree’s referral program. All you have to do is invite your friends with your referral code and ensure they become verified users.
- Safety and security – Every penny and data is 100% secured. You do not have to worry about the safety of your funds or data.
- No delayed transactions – You do not have to worry about delayed transactions. It takes less time to carry out a transaction than you would to pronounce the full name of your president.
- Save without second guessing – Integrate savings with your lifestyle and watch your money grow. Imagine a world where you can create your own savings rules and integrate these rules with lifestyle friendly features such as “Hey PennyTree, save X amount of money each time I request an uber/bolt ride or save X each time I do Y”, PennyTree automatically saves and grow your money as you live your life.
- Buy airtime and pay for utilities seamlessly – so we thought – if we are holding some of your money and helping you grow it, then we can rid you of the stress of moving from app to app to get basic amenities sorted. If your landlord were to be on PennyTree, we would gladly make it seamless for you to pay him on PennyTree – that’s how much ease we aim to bring to you. On PennyTree, you buy airtime and pay for utilities (DSTV, GOTV, Startimes, Postpaid and Prepaid Electricity Packages) and data subscriptions without hassles.
- Relax and enjoy as we build your wealth seamlessly – PennyTree was built for you. You grow your cash flow slowly till it becomes a giant tree. We are making PennyTree fun, easy and enjoyable. You do not have to worry about saving consciously. With PennyTree, you can live your life happily and save with no hassles.
- Lock funds and grow your money – with the personal vault feature on PennyTree, you can lock your fund for a minimum of 30 days and earn an interest of up to 13% pa. With the personal target feature, you can save as frequently as required (daily, weekly and monthly) to meet your savings goal without worrying about recurring bank charges. You can start saving with as low as N100 and earn an interest of up to 10%pa.

On PennyTree, You set your rules, we abide by them and grow your money.
PennyTree app is available for download on Google Play Store.
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