As kids, we knew it as “ kolo ” but the more exposed, well traveled among us called it a “ piggy bank “. Semantics. Whether in a square shaped wooden box or a fancy rubber pig with a thin opening for squeezing naira notes in, the most important thing was that money was being saved. Later, our parents would collect the monies we had saved to open a bank account for us. (It was really hard to believe our money was being saved and we weren’t able to see it. Haha) Fast forward a decade or more later, piggy banking has evolved into something digital and a bunch of smart thinking developers piggybacked (pun intended) on the concept and turned one of our favorite things to do as kids into a product – piggybank.ng. It is a platform that “empowers people through saving and particularly saving from your debit card”. While it accepts cards from all banks, piggybank.ng is into partnership with United Bank for Africa (UBA) and in operation, is quite similar to savings club on Paywithcapture a
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