Licenses

Financial services through licensed partners.

Koda is a financial technology company, not a bank. Banking, payments, identity, and (in future) credit services are provided through appropriately licensed partners.

01

Banking partners

Business accounts are provided by CBN-licensed partner banks (Wema Bank, Providus Bank) via Anchor, a licensed banking-as-a-service provider.

02

Payments partners

Collections and payouts are routed through regulated payment providers, with reconciliation handled server-side against the ledger — never recomputed on the client.

03

Compliance

KYC, KYB, AML, audit logs, provider controls, and policy enforcement are owned and enforced on Koda's backend, not exposed to the client.

Regulatory statement

Koda Technologies Ltd. is a financial technology company. It does not hold a banking license and does not directly custody customer funds — funds are held at, and regulated as deposits of, our CBN-licensed partner banks.

Questions

Talk to our compliance team.