At Rise, we always seek ways to serve you better so that you have as many options to help make your financial journey stress-free. A lot of our users have asked us to add a naira wallet over the years, to make funding their investments faster, reduce friction and allow them to switch to naira more easily within the app. 

This is why we are excited to launch the new Naira wallet on Rise.  With the wallet, you can now enjoy the flexibility of holding your funds in Naira or dollars, moving conveniently between both based on your financial objectives at any given time. 

The Naira wallet comes with a Vault feature that allows you to lock your naira between 1 month and up to 5 years and enjoy returns ranging from 12% to 20% annually, depending on how much funds you’ve locked. Here’s a breakdown:

  • ₦0 to ₦499,999 – 12% interest annually
  • ₦500,000 to ₦999,999 – 15% interest annually
  • ₦1,000,000 – ₦4,999,999 – 18% interest annually
  • ₦5,000,000 and above – 20% interest annually.

Hold your naira easily on the new wallet and earn interest on your Vault, with no charges. Update your app now to start using these features. For enquiries and questions, contact us via email or any of our social media channels.

Thanks for using Rise.

Love and returns,

The Rise team