Your Registration Certificate (RC) or Business Name (BN) number lets us confirm your business is legitimate and compliant. Here's exactly what we do with it.
Verify your business is real
Your RC or BN number lets us confirm with the Corporate Affairs Commission (CAC) that the business exists and is in good standing.
Pull your business credit profile
We use the RC/BN to look up business credit data, so we can offer the right loan products at fair rates for your stage.
Comply with CBN & CAC regulations
Capitalwise is a CBN-licensed Tier-3 microfinance bank. Verifying business registration at onboarding is a regulatory requirement.
Prevent fraud & shell-company risk
Tying every business account to a verified registration helps us prevent fraud and money-laundering on the platform.
Your business registration data is encrypted at rest, never shared with third parties beyond the regulatory uses required by law, and only used internally for the four purposes above.
Capitalwise is licensed by the Central Bank of Nigeria and your deposits are insured by the NDIC.