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Legal & Compliance

Financial infrastructure for organized capital — transparency, security, and Nigerian regulatory alignment.

Privacy Policy Terms of Service Security Overview Compliance Statement Member Terms

4. Compliance Statement

Last Updated: May 26, 2026

4.1 Regulatory Positioning

Kolectra operates as a financial technology infrastructure provider, not a financial institution.

4.2 NDPR Compliance

We adhere to:

  • Nigeria Data Protection Regulation (NDPR)
  • Data minimization and lawful processing principles
  • User consent and transparency requirements

4.3 Financial Compliance Model

Kolectra ensures compliance through:

  • Separation of platform and fund custody
  • Use of SEC-approved asset managers for investments
  • Integration with regulated financial institutions

4.4 Anti-Money Laundering (AML) Awareness

While Kolectra is not a financial institution, we:

  • Support audit trails and transparency
  • Enable organizations to maintain compliance records
  • Flag suspicious activity patterns where applicable

4.5 Audit & Transparency

  • Full ledger visibility for organizations
  • Exportable financial reports
  • Audit-ready system architecture

4.6 Final Legal Positioning (VERY IMPORTANT)

Kolectra is a technology enabler of structured finance, not a custodian, lender, or investment manager.

All financial decisions, fund custody, and regulatory obligations remain the responsibility of the user organization and its designated officers.

5. Contact Information

For legal, privacy, or compliance inquiries:

  • Email: legal@kolectra.com
  • Privacy Requests: privacy@kolectra.com
  • Address: 20 Tsamiya Road, Costain Quarters, Kaduna, Nigeria

Questions? Contact our legal team at legal@kolectra.com for any compliance or regulatory concerns.

© 2026 Kolectra — Financial infrastructure for organized capital. All rights reserved.

Kolectra is a technology platform, not a bank, custodian, or investment manager. All funds remain under member control.

Compliant with: Federal Competition and Consumer Protection Act (FCCPA), Nigeria Data Protection Act (NDPA) 2023, and Cybercrimes (Prohibition, Prevention) Act.