Business details
- Legal business name
- Akara Fintech Solutions
- Registration number
- BN 9656395
- Entity type
- Business Name
- Business type
- Sole Proprietor
- Country of registration
- Nigeria
- Date of registration
- July 4, 2026
- Business status
- Active
- Principal place of business
- No. 19, Afam Emma Chukwura Lane, Bonsaac, Asaba, Delta State, Nigeria
- Public support email
- support@tryakara.com
- Temporary email
- tryakara@gmail.com
- Website
- https://tryakara.com
- Governing law
- Nigeria, with applicable local laws in supported user countries where required
- Regulator
- [Regulator if applicable]
Why Akara Uses Tiers
Tiers support fraud prevention, user protection, abuse reduction, and risk management.
Example Tier Structure
Tier 1 supports low-value trades only. Tier 2 supports medium limits after stronger verification. Tier 3 supports higher limits after admin-approved KYC.
Minimum Trade Amounts
NGN: 1,000. RWF: 1,000. KES: 100. GHS: 10. XAF: 1,000.
Limit Reviews
Akara may increase, reduce, freeze, or review limits based on verification, history, disputes, receipt quality, payout name match, suspicious activity, country risk, or compliance concerns.
User Responsibility
Users must confirm payout details and must not split trades to avoid limits.
No-custody notice
Akara does not hold, receive, escrow, custody, remit, convert, or move user funds. Users send money directly to each other through their own bank or mobile money accounts. Always confirm payout details before sending money.
This page is a draft and should be reviewed by a qualified legal professional before launch.