Meristem's all-in-one wealth app — goal savings, fixed deposits, mutual funds, and naira + dollar investing, from an SEC-regulated asset manager.
All plans 8
PlanTypeRate p.a.LockMinEarly exit
Goal-Based Savings
flexible
13%
None
—
20% of interest earned
Fixed / Lock Savings
locked
17%
88 days
₦10,000
—
Ethical Earnings PortfolioFEATURED
fixed
10%
182 days
₦1,000,000
40% on interest
Fixed Term Investment Portfolio
fixed
13.1%
30–365 days
₦200,000
—
Money Market Fund
fixed
16.5%
30–365 days
₦10,000
—
Equity Market FundUnit-priced · NAV — · offer ₦46.479601 / bid ₦46.19007 · min 1,000 units · price-appreciation+dividends · medium riskEntry cost ~0.62% (bid/offer spread) — a fund must clear this before you profit.
fund
Variableno fixed rate — measured by us
1 month
₦46,480
—
Commodity FundUnit-priced · NAV ₦100 · offer ₦100 / bid ₦100 · min 50,000 units · price-appreciation+dividends · medium riskEntry cost ~0.00% (bid/offer spread) — a fund must clear this before you profit.
fund
Variableno fixed rate — measured by us
3 months
₦5,000,000
—
Fixed Income FundUnit-priced · NAV ₦115.42754 · offer ₦115.42754 / bid ₦115.42754 · min 100 units · price-appreciation+dividends · medium riskEntry cost ~0.00% (bid/offer spread) — a fund must clear this before you profit.
fund
Variableno fixed rate — measured by us
3 months
₦11,543
—
Each tracked plan is tested with its own real-money deposit and ranks separately on the board. Untracked plans show the app's own advertised rate.
Best for
Savers who want a regulated, established asset manager and room to grow into mutual funds, dollar and equity investing — all in one app
Not great for
Users chasing the single highest flexible-savings rate, or wanting NDIC-insured bank deposits
Pros
- +Backed by Meristem, an established SEC-regulated asset manager
- +Unusually broad product range (savings → funds → dollar → equities → halal)
- +NGN + USD wallets; physical offices (Lagos/PH/Abuja) for real-world trust
Cons
- –Rates not published publicly — must check in-app
- –Not a bank / not NDIC-insured
- –Investment products carry market risk and settlement times
Our honest take
One of the few apps that takes you from a simple savings goal all the way to equities and dollar portfolios under one regulated roof. The pedigree (Meristem) and the halal option stand out; just note returns on the fund/dollar/equity products aren't fixed.