Busha
Busha
Before SEC-licensed exchange Nigeria; up to 18% APY savings; borrow without sell. only Nigeria/Kenya; markets emerging. only Nigeria/Kenya (UK in arrivo)
Data & conditions
| Account fee | — |
|---|---|
| ATM withdrawal | Free |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | AFRICA, UK · 3+ countries |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | SEC Nigeria ARIP (giugno 2024) SEC Nigeria (provisional) |
Plans & pricing
Strengths
- Before SEC-licensed exchange Nigeria; up to 18% APY savings; borrow without sell.
Weaknesses
- Only Nigeria/Kenya; markets emerging.
Verdict
Before SEC-licensed exchange Nigeria; up to 18% APY savings; borrow without sell. only Nigeria/Kenya; markets emerging. only Nigeria/Kenya (UK in arrivo)
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
Is Busha a real bank?
Busha operates under a SEC Nigeria ARIP (giugno 2024) licence. The deposit-protection scheme is not documented for this service; check the official terms.
Can I send transfers to third-party IBANs with Busha?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Busha support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Busha support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Busha?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).