4.1
143 reviews
10K+
Downloads
Content rating
Everyone
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About this app

PennyTree is a neo-bank that provides financial services in the most convenient way. You now have access to individual services like bank transfers, bill payments, and personal vaults for savings, where you can earn up to 27% per annum.

With the Merchant Services offering, you can open a business banking account with a click of a button, receive payments from clients and vendors, generate invoices and receipts, download a stamped bank statement in real time, and transfer up to NGN5 million daily.

What more? We have introduced our Crowdfunding Platform, where you can invest in your favorite brands from as low as NGN5,000 and earn a competitive return on investment.
Updated on
Dec 31, 2025

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Photos and videos and Device or other IDs
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.1
143 reviews
Ezekiel Olaniyan
December 22, 2021
I like that this app is user friendly. It doesn't consume much data to download and I was able to set up my account in less than 3 mins. The customer support is also phenomenal and I'm just happy I can save, lock and transfer funds without extra charges. Xmas came early for me because PennyTree got me a full live Christmas Chicken and I've been able to make about $20 just by telling people about it. It is an app highly recommended for those looking to keep track of their finances moving forward
20 people found this review helpful
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PennyTree Inc.
December 29, 2021
Thank you so much for your review!
AL-QASIM DAUDA
January 6, 2022
Don't install this App, it's not genuine. There is an inbuilt pop link designed within the App to keep coming in disguise as "network error, please connect to internet" even when your network is fully functional. This is done intentionally bcos as you keep pressing the "try again" they are making money with your data. Don't be deceived!
26 people found this review helpful
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PennyTree Inc.
January 5, 2022
Hi, can you please send us the screenshot of the problem to hello@mypennytree.com so that we can help you. Thank you for using our app.
Ayo Ola
October 5, 2025
effective and efficient app with maximum of 10seconds turnaround time
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What’s new

Multi-Currency Vault is here!
Save and convert instantly in NGN, USD, GBP, and CNY — with great rates and zero hidden fees.

What’s new:
- Create and save in separate Dollar, Pound & Yuan vaults
- Convert and save in favorable rates
- Convert from Naira instantly to other currencies
- No monthly fees

Save smarter for travel, school, or business. Your money now works harder for you globally.

App support

About the developer
PENNYTREE BUSINESS LIMITED
support@mypennytree.com
1, Montgomery road Yaba 101241 Lagos Nigeria
+234 810 983 4380