Who owns Bitnob?
short answerBitnob is not itself a bank. It runs on a partner-bank (BaaS) model, where a licensed sponsor bank holds the deposits behind the app while Bitnob builds the product and interface.
Is Bitnob a licensed bank?
No — it runs on a sponsor bank (BaaS model). Licence detail: VASP applicant under Nigeria SEC's ARIP (approval-in-principle track); licensed partners for rails.
Where is your money held?
Custody model: Custodial.
No sponsor bank or infrastructure provider is publicly documented for Bitnob yet. Know one? Suggest it.
Who's behind Bitnob?
Bitnob was founded by Bernard Parah (2020), headquartered in Lagos, NG.
Is my money safe with Bitnob?
Deposits are held by Bitnob's sponsor bank, so any insurance flows through that bank rather than Bitnob. Check which sponsor holds your balance and whether it is passed through for per-customer coverage.
go deeperSee the full Bitnob profile with every verified field, or Bitnob alternatives. Raw fields: data.json.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.