11–20 of 61 posts
Do you offer Aadhar based e-KYC?
Why should I use Piggy over Coin by Zerodha? What are the important differences?
Important Difference. 1. Coin is based on Zerodha's kite platform and requires a demat account for investments. There are multiple disadvantages of using a demat account for mutual funds, one of them being transaction costs on every transaction from demat as well. The others are difficulty in estate planning and also your movement options to other services would be restricted if you don't like Zerodha services. 2. Try searching for popular Franklin funds on Zerodha! :) 3. Piggy is mobile first.
Would love more feedback from you!
Can non-Indians invest via Piggy ? What currencies do you accept ?
how is the the KYC done ? ( what documents are needed )
how much time does it take to get the account setup ?
any plans on creating a web app ?
Nice ! how is the the KYC done ? ( what documents are needed ) how much time does it take to get the account setup ? any plans on creating a web app ?
Account opening is completely online. We need your PAN card, Address Proof, Photograph, Signature on app and a Bank account proof.
Since we do the full KYC it will take upto 3 business days for your account to be active.
For an existing KYC user the account is activated on the same day.
The web app is getting ready as we speak! It should be live in a week.
Superb concept and I love your Android app's design. What is your target user base and who are your power users?
Our current target audience are working professionals between the ages of 25-35. A lot of them invest in substandard products and get ripped off or just let their money lie in their bank accounts
Having said that we get users from a wide spectrum from older business professionals in small remote towns to students looking to start saving early.
Our power users understand various kinds of mutual funds, basics of asset allocation and know that direct plans will definitely earn more returns. These users would love Piggy's ease of use, automated portfolio tracking and powerful search and filter options.
Can non-Indians invest via Piggy ? What currencies do you accept ?
Hey dxbydt! Thanks for showing interest! Non Indians can invest with us if they have an Indian PAN card (Tax number) and an Indian Bank account (NRE/NRO type).