Company Information

Get to know Bananasng

Bananas.ng is a financial technology company based in Nigeria focused on providing Buy Now, Pay Later (BNPL) solutions. The company's mission is to make purchases more affordable for Nigerian consumers by allowing them to split payments for online and in-store shopping into four interest-free installments. They partner with a network of merchants to integrate their payment option at checkout, aiming to improve financial flexibility and accessibility for everyday transactions.

Industry

Financial PSP GatewayPRIMARY
Crypto Exchange
Financial Electronic Payment

Contact

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Bananasng

Nigeria

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.