SEC Nigeria Regulatory Status
Pennyr operates as a fully registered Crowdfunding Intermediary under the regulatory framework of the Securities and Exchange Commission (SEC) Nigeria, in accordance with the Investment Crowdfunding Rules 2021.
Escrow Custodian
To protect investor funds, Pennyr does not hold your money directly. All funds committed to a placement are held in a secure Escrow Trust Account managed by an independent, SEC-registered Custodian.
If a startup fails to meet its minimum funding target (at least 50% under SEC rules) within the offering period, 100% of the funds are returned to investors automatically.
Complaints & Dispute Resolution
We take investor protection seriously. If you suspect misrepresentation, experience technical issues, or have disputes regarding withdrawals and cooling-off periods, our Complaints Portal is available 24/7.
Visit Complaints Portal →