Why do we need your BVN?

When registering as a Nigerian business, we ask that you provide your Bank Verification Number (BVN). This 11-digit number is used across the country for identity verification. Each individual has a unique BVN, which is associated with their name, phone number, and bank accounts. Here’s why we require this information:

Why is your BVN (Bank Verification Number) important?

This information allows us to verify your identity and expedite the approval of your business. It also enhances transaction security by linking biometric data to bank accounts, which helps reduce fraud, streamline transactions, and verify identities across financial institutions. We use your details solely for identity verification and do not share them with external parties. Additionally, Hydrogen is a licensed financial institution regulated by the Central Bank of Nigeria, ensuring your information remains secure with us.

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