Skip to main content

As a young adult or even an elderly person it is advisable to grow your money by investing. There are so many downsides to not investing your money. The first and most important reason is that idle cash in your bank account is not capable of earning you more money. It is easy to spend the money you work hard to receive, but the problem is you might look back years from now and regret why you did not put your money to good use. These are some money mistakes many make. 

How to” invest” the CredPal way

When it comes to investing, it is important to invest the smart way, that’s where CredPal comes into play. We have introduced a new product on the app called “Invest”. It focuses on helping users invest an amount of money towards a particular goal. Such goals include purchasing a home, education, rent, and business just to name a few. This process can be done right in the comfort of your home.

How does it work? Step-by-Step process

There are a few steps to take in order to complete your investment process on the app. Below is a step-by-step process on how you can go about it.

  Step 1. Sign in to the CredPal app and click on the “Invest” icon at the bottom. 

  Step 2. Click on “Create New Investment”

  Step 3. Fill in all the required investment information, such as investment name, this the name given to what you are investing towards eg “Rent”. Next is the Investment amount, this is the amount of money you would like to deposit. The minimum amount you can deposit is 50,000 naira. And finally, the Tenure. This is how long you want to invest your money. 

  Step 4. Once you select the duration. You will be shown the preview of your transaction, then proceed to make payment.

Step 5. The final step is to make payment by funding your cash wallet with the amount you want to invest. You fund your cash wallet by transferring funds from your debit bank account to your cash wallet. 


  Benefits of investing with CredPal

  • You can earn up to 18% on your investment capital per annum.
  • We help you to invest your money independently based on your income. This is substantially less costly than paying for a traditional financial adviser.
  • Easy and convenient. With just the aid of your phone and internet access, you can download CredPal and start investing.
  • You won’t have to suffer high-priced charges when investing.
  • Because it can be accessed anywhere and through a mobile phone, investing becomes much more convenient.


Although, in the past, investing was done usually through banks and shockingly even with people. But we now live in a digital era where all our thoughts have to be “digitally smart”. CredPal is doing a good job of increasing the investing playing field for the benefit of its users. 

CredPal’s “invest” makes it easier for you to enter the complicated world of investing, with so much ease and convenience. But, not only that, It also makes wealth accumulation a much safer process for you.



In the wake of minimal access to loans, we are driving a lending ecosystem that increases the purchasing power of consumers and economic growth across Africa by offering better and easier access to consumer credit through credit cards, buy now, pay later, and loans.

Leave a Reply