Interest on spare cash
Money you do not need this week can earn a return instead of sitting idle in your everyday balance.
Treasury. Coming soon
Put spare cash to work. Earn while it waits.
Set business money aside and earn interest on it: from about 6% a year, and up to 18%. Business savings are in development, so these are our targets rather than offers, and it is not available yet.
Put money aside
Coming soonRestock fund
₦275,000
55% of ₦500,000
Target rate, not an offer
About 6% to 18% a year
What it is for
Savings, in practice.
A range, not a promise
We are aiming for rates from about 6% a year, up to 18%. What decides where yours falls will be confirmed before launch.
Kept apart from trading
Money set aside is easier to leave alone than money in the balance you spend from.
Clear before you save
The rate, the terms and how your money is protected will be explained before you put anything in.
Why set money aside
Smooth out the lumpy months.
Most businesses have weeks heavy on cost and weeks heavy on sales. A little set aside in the good weeks, earning something, makes the lean ones easier to face.
- A goal you can see
- Interest instead of idle cash
- Terms shown before you commit
Put money aside
Coming soonRestock fund
₦275,000
55% of ₦500,000
Target rate, not an offer
About 6% to 18% a year
A day in your business
Your working day, before and after.
The old wayEverything in one pot, so the restock money gets spent
With PaybleMoney set aside, earning interest (when it opens)
The old wayNo idea whether you are on track
With PaybleA goal and progress you can see
How it works
Simple from the first step.
- 1
We finish building it
Savings are in development and there is no date yet. Nothing has been switched on for any business.
- 2
You see the terms first
The rate, how interest is worked out and how to withdraw will be shown before you save.
- 3
You choose
Set money aside only if it suits your business.
Try the numbers
What could 6% to 18% look like?
Move the sliders to see what an amount could grow to at the target rates. It is an illustration, not an offer, and savings are not available yet.
If it were open today
₦100,000 after 12 months at 6% a year
₦106,000
+ ₦6,000 interest
At 6% a year
₦106,000
At 18% a year
₦118,000
An illustration only. It uses simple interest, not compounded, and the target rates, which are not final and not an offer. The savings product is not available yet.
Good to know
- This product is in development and not available yet, and no date is set.
- The rates on this page are targets, not offers, and are not final.
- The rate, how interest is worked out, the rules for withdrawing and how savings are protected will be shown before you save.
Coming soon
Be first to know.
Tell us what you would use it for and we will email you when it opens. It helps us decide what to build first.
- Nothing to pay and nothing to sign
- We will reach out personally, by phone, WhatsApp or email
- You can ask us to remove you at any time
FAQ
About savings.
Straight answers about Payble, your money and how it works.
What is the interest rate?
We are aiming for rates from about 6% a year and up to 18%. These are targets while the product is built, not offers. The rate you would get, and what decides it, will be confirmed before savings open.
Can the rate change?
Rates may change over time. Where a rate is variable we will say so and show it before you save. Nothing has been fixed yet.
What would my balance be after 12 months?
As an illustration only, ₦100,000 set aside for 12 months would grow to about ₦106,000 at 6% a year and about ₦118,000 at 18%, using simple interest. Use the illustration on this page to try other amounts. These are not offers.
How will I open and manage savings?
Savings will be part of the Payble business app. How to open one will be explained when it is ready.
Can I withdraw my money?
The rules for withdrawing will be confirmed before launch and shown before you save.
Is my money protected?
We will explain how savings are protected before the product opens. The security page describes how deposits with our partner bank are insured today.
Is the interest taxable?
Interest can be taxable. Check with the tax authority or an accountant. Nothing on this page is tax advice.
When will savings be available?
It is coming soon. No date has been set.
Works well with
Be first to know.
Tell us what you would use it for. It helps us decide what to build first.