NorthWave is an indigenous financial institution that empowers people to achieve financial freedom by saving together with a community of friends, family, and colleagues. We focus on promoting collaborative savings for shared goals, providing interest-free loans, and offering financial analytics to track your finances and spending.

With NorthWave, you can contribute with your friends, family, or colleagues on a weekly, monthly, or quarterly basis. This collective savings approach fosters a sense of trust and accountability, allowing you to save more effectively and reach your financial goals together.

Yes, NorthWave is a registered company with the Corporate Affairs Commission of the Federal Republic of Nigeria with RC Number: 2005098. We operate in compliance with all applicable regulations and strive to provide a secure and transparent financial experience for our users.

You can start your contribution circle with as low as ₦5,000 (Five thousand Naira). We do not have an upper limit.

As the circle leader, you have the ability to invite and approve requests to join your contribution circle. You can send reminders to your circle members once it's contribution week. You can create as many contribution circles as you want - with unique names.

Yes. Other users in the NorthWave community can send a request through our app to join your contribution circle.

Each user on the NorthWave platform is bound by a legal contract document upon signing up, to which they agree to our terms of service, and a breach can result in a penalty. We also employ a comprehensive solution for identity verification, bank verification, and card verification, all backed by top-notch security measures.

All the payments are automated. You can select either "Online Payment" (which will be deducted automatically through your debit card or bank transfer) or "Cash Payment"(which will be paid in cash to the circle leader). Once you select either "Online Payment" or "Cash Payment," this method will be locked in as the only available payment option for all your contributions in the circle. If you opt for "Cash Payment," you are responsible for ensuring timely payment to the circle leader within the contribution week.

Yes! As the circle leader, you can earn a 2% cash bonus per contribution circle you create upon payout. The more people you have in your contribution circle, the more you earn.

To become a part of the NorthWave community and embark on your journey toward financial freedom, you can download our app from PlayStore and follow the simple registration process. Once registered, you can invite friends, family, or colleagues to join your savings group and begin saving together for shared goals.

Simple! We charge a low percentage service fee on contributions and payouts. The circle leader, who will be the last to receive the payout in a circle, can earn a 2% cash bonus! All the fees will be deducted per contribution and payout. You can view all the payment details, including the fees, on the group details screen.

Absolutely. With our end-to-end encryption, all your personal details, financial data, and verification documents are securely encrypted on your device before transmission. Only authorized parties can decrypt this information, ensuring that your data remains private and confidential.

At NorthWave, we prioritize the security and privacy of our users' data. Our app employs a comprehensive solution for identity verification, bank verification, and card verification, all backed by top-notch security measures. We use end-to-end encryption throughout the entire verification process to safeguard sensitive user data, making it inaccessible to any unauthorized parties.

Collecting your BVN helps us verify your identity and links your bank account to our app securely.

Through our community savings model, you can apply for interest-free loans when you need financial assistance. All loans are backed by the collective contributions of the community, enabling members to support each other without incurring additional interest charges.

Our app includes powerful financial analytics tools that enable you to monitor and analyze your financial activities. You can gain insights into your savings progress, spending habits, and more, helping you make informed financial decisions.

The easiest way to reach us is to tap Support on the NorthWave app and then tap Chat With Us. You can also send an email to info@northwaveng.com or call +234 7033180897 between 8:00 am and 5:00 pm on weekdays.