GHStartups is committed to maintaining full compliance with lending laws, and the outfit takes proactive steps on that. GHStartups is rolling out in phases, and its non-deposit-taking, no upfront fee lending to businesses does not require regulation.
GHStartups does not accept deposits and will not accept deposits in the near or foreseeable future. GHStartups is not providing a regulated service to you, so you will not have access to the Bank of Ghana redress if you wish to complain about our service.
GHStartups, a non-deposit-taking, no upfront fee is self-regulated, but follow compliance and KYC rules. GHStartups and its funding partners are not banking institutions and do not operate as such. +Learn more
GHStartups is not regulated to provide investment advice to clients.
Tax and Accounting Advice
GHStartups is not regulated to provide tax and accounting advice to clients.
GHStartups complies with all tax obligations (funding sources and allowable expenses).
GHStartups is not regulated to provide legal advice to clients.
GHStartups does not take deposits. GHStartups is not licensed to take deposits. GHStartups has no intentions of taking deposits now or in the near future.
Loan repayments are not deposits.
GHStartups is not providing a regulated service to you, so you will not have access to any Bank of Ghana Redress Service if you wish to complain about our service - that is if there is/was ever any protection for borrowers borrowing from non-deposit taking lender and when there are no usury laws in the books of The Republic of Ghana.
The option of being regulated in the near future is to have access to certain vital national databases integral to our business model, operative model and strategic customer acquisition model, and NOT a step to take or mobilise deposits.