Is Owealth Legit? How Safe And Secured Is Owealth, A Saving And Investment Platform On Opay

The Owealth platform may sound new but has been around for a long time. They boost having the best interest rate on investments. With the Owealth platform, you can save, invest, and get your money guaranteed on it. The Owealth has much to offer that you may not know. In this article, you would be finding out more about the Owealth platform. Questions such as; Is Owealth Legit? How Safe And Secured Is Owealth, A Saving And Investment Platform On Opay? Would be answered in this article. So, do well to read carefully.

Let’s begin by discussing what the Owealth platform is all about.

What Is Owealth?

Owealth is a savings and investment platform inbuilt into the Opay application. It helps users to save money or invest money and in return users get high returns over investment from their money.

You might wonder, how does this platform work? Relax, because the next subheading you’ll be reading would be focusing much on that.

How Owealth Works

As mentioned earlier, Owealth allows you to save money on its platform. The platform has a higher percentage of interest than even banks. When you use the Owealth platform to save, you get a 15% addition to the principal amount.

Let’s take, for example, you decide to save ₦20,000 on the Owealth platform. At the end of the day, in the given period you get a 15% in addition to the amount you initially saved.

Let’s do the calculation:

₦20,000 x 0.15 = ₦3,000.

So, it is safe to say that when you use the Owealth platform, upon saving ₦20,000, you stand a chance of getting ₦3,000 in addition to your principal amount.

That is ₦20,000 + ₦3,000 = ₦23,000.

That’s huge returns you would receive in contrast to how saving with banks works. When you save with the bank, the highest interest rate, you can get with your money is just 6%.

Let’s do a little maths using ₦20,000 as the principal amount:

₦20,000 x 0.06 = ₦1,200.

With these little mathematics performed above, we can safely say that at the end of the period of your saving with the bank, the maximum amount you can get from saving ₦20,000 is ₦1,200.

That is,

₦20,000 + ₦1,200 = ₦21,200.

From this simple example shown above, using the Owealth platform, you earn more from your savings than even saving with banks. That goes to show how beneficial it is to use the Owealth platform by Opay. However, that is not all there is to know regarding how this platform operates.


The Owealth platform allows users to withdraw their savings at any time they wish. That means if you wake up one day and you need your savings (maybe for emergencies), you wouldn’t have a problem doing that. This is in contrast to how banks operate, you may not find it easy to withdraw your savings at just anytime you wish.

So, the Owealth savings and investment platform edges other platforms in how it operates.

At this point, the next question that may come to your mind is; How legit is this platform? Worry, no further, we would also be analyzing that too in this article.

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How Legit Is Owealth

There are two reasons why Owealth is considered to be a legitimate platform.

1. It Is Owned By Opay

One reason why the Owealth platform is trustworthy is that it is owned by Opay. As we said earlier, it is inbuilt into the Opay App to help users save and invest money on the platform.

We know that Opay is a reputable fintech app that helps you carry out transactions fast and securely to the recipient. More to that, Opay has also been licensed by the Central Bank of Nigeria (CBN). So, that is just of the numerous reasons why Owealth should be considered by you if you intend to save money securely and receive huge returns.

2. Investment Products Are Regulated By SEC

The investment products offered by Owealth are products that have been licensed and are regulated by Security and Exchange Commission in Nigeria. This means whatever services that are offered by Owealth have undergone supervision by the regulatory bodies before being put out. Isn’t that an added reason you should consider Owealth as a legit platform?


Can I save money on the OPay app?

Yes. With the Owealth feature, you can save money on the Opay App. Not only that, but you can also invest and receive returns over investment over a duration of time.

What is the investment rate on OPay?

The investment rate of Opay is around 10% per annum.

Can I withdraw my trial cash on OPay?

Yes, you can withdraw trial cash on OPay. All you have to do is to open your “Wallet”. After that, proceed to check your “Balance”. Then, click on “Withdraw”.

How to invest money in a saving account?

If you want to invest money in a savings account, you’ll have to go to the bank and request to open a savings account.

Is Owealth legit?

Owealth is a legit platform powered by Opay App. They are legit and safe to invest and saw your money.


Owealth platform as you’ve read in this article is a legitimate platform. Aside from being assured of your saved funds, you can also get returns on your investment on the platform. This article has been able to help you see reasons why you should trust it and why it is reliable.

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