Frequent Asked Questions
FAQ 1. What is SeedersHub all about?
Seedershub is an initiative FINTECH platform, offering a daily interest savings system, money transfer services, bulk payout services and a lot more including loan accessibility for participants as an established multipurpose cooperative society platform. Seedershub gives you not just the opportunity to save with daily interest but to improve members saving culture and regularly plan and save with goals through its automated and easy-to-use platform online.
FAQ 2. How are you able to offer higher returns than traditional banks?
It's simple; we do not have the high-cost base of traditional banks. Our operations are mostly online. Seedershub is driven by our proprietary technology system. We do not only give loans to earn interest, but we also invest funds in a risk-free and profitable business and a few low-risk investment opportunities. These cost savings are credited to our members in the form of higher returns and dividends up to 18% per annum.
FAQ 3. Why should I participate and save on SeedersHub?
Seedershub is suitable for anyone who understands what it means to sow a seed and water it to grow more fruit. Also, if you never want to miss your savings and investment goals or wish to save and invest even while you are sleeping, then consider joining Seedershub.
FAQ 4. Is there any fee to be paid before joining?
NO. Registration is absolutely free.
FAQ 5. How do I join?
Click here to join or click "My Account" from the menu.
FAQ 6. How long can I keep my savings with SeedersHub?
You can keep your savings and investment on SeedersHub for as long as you wish. We make everyday count by making your plans to earn returns daily. You can always log in to your dashboard daily to confirm your returns anywhere you are using your mobile phone.
FAQ 7. How much can I save on SeedersHub?
You can start your savings and contribution starting from ₦1,000 (One thousand Naira). We do not have a max limit. If you have a billion Naira you want to save with us? Feel free.
FAQ 8. Can I increase my savings at any time?
Yes, you can increase the amount you're saving at any time or consistently have a contribution plan either weekly or monthly which will favour your loan request and performance for future rewards.
FAQ 9. Can I make a cash deposit into my savings?
Yes, once you become a member and activate your account, your Seedershub bank account number will be generated for you in partnership with Providus Bank Limited. You can make a transfer or deposit to your Seedershub account and it will reflect on your Seedershub wallet for saving automatically.
FAQ 10. Does my savings earn interest daily?
Yes, your savings generate interest daily.
FAQ 11. What's the interest rate or return on savings/investment?
Depending on your saving plans, either regular savings or targeted goad savings. Your savings on SeedersHub can earn you up to 18% interest per annum.
FAQ 12. When does my saving begin to earn returns?
Right from the moment you register and get activated.
FAQ 13. How many dividends will I receive?
The dividend is dependent on the Surplus declared during the accounting period starting from %18 annually with interest credited to your wallet daily. However, the dividend due to each member is based on the savings balance of the particular member and the amount of loan repaid during the year under review.
FAQ 14. How do I make payment of my contributions and dues?
You can make a contribution and savings by funding your wallet through transfer to your Seedershub bank account with Providus bank.
FAQ 15. Who is a fund manager?
The fund manager is the professional who oversees the money saved/invested in a cooperative; to ensure it earns more money. Importantly, they are always registered with the Securities and Exchange Commission.
FAQ 16. How secure is my information?
Seedershub is developed with the security of your payment data in mind. Critical member's data is encrypted and securely stored. Banking services is provided by Providus Bank Limited. The Seedershub Verve® Card is issued by Providus Bank pursuant to a license from Verve International and may be used everywhere Verve debit cards are accepted.
FAQ 17. How safe is my money?
In addition to membership loans and investing your money in risk-free instruments, we also invest funds in a risk-free and profitable business and a few low-risk investment opportunities. So you should rest assured that your money is safe and your returns are guaranteed while you even gain access to your money at any time through withdrawal to your bank account or using your Seedershub prepaid debit card.
FAQ 18. When can I withdraw my money?
You can choose to withdraw some or all of your savings together with interests at any time while you must have at least N1,000 in your savings as a cooperative member to keep your account valid and running. Whenever you withdraw your fund, your interest or dividends will be stopped, when your fund is saved with us, your interest or dividends continue.
FAQ 19. Is Seedershub regulated by the CBN or protected by the NDIC?
Seedershub is not a bank but in partnership with Providus Banking Limited and it is duly registered and licenced under SECTION 6 CHAPTER C14 of the Cooperative Society Law of Lagos of Nigeria 2015 with registration number LSCS 17122.
FAQ 20. Why do I have to add my BVN?
Your BVN is required to validate your identity and kick against identity theft. This ensures another level of safety for your funds and transactions.
FAQ 21. What if I no longer have access to the phone number linked to my BVN?
In a situation where you no longer have access to the phone number linked to your BVN, kindly contact your bank to update the phone number.
FAQ 22. Who do I contact when I have a complaint?
Contact: (Mon-Fri from 9am-5pm) Call / SMS / Whatsapp: 07032427429, 08169787210 - [email protected]
FAQ 23. Where is SeedersHub's office located?
House 10C Cluster Estate, Lekki County Homes, Lekki Epe Express way Lagos.