Regulatory Notice

What Blumva is

Blumva is a technology platform operated by Blumva Limited (RC 8956973), providing software infrastructure that private groups and duly registered cooperative societies use to organise their own contributions, track shared ownership, and keep records. Blumva provides the technology; the group makes every decision.

What Blumva is not

Blumva is NOT, and does not hold itself out as, a bank, deposit-taking institution, microfinance institution, payment service provider, securities exchange or trading venue, broker, dealer, broker-dealer, investment adviser, fund manager, portfolio manager, trustee, custodian, or crowdfunding intermediary. Blumva is not licensed as any of these and does not perform their regulated functions.

What Blumva does not do

Blumva does not:

• pool, hold, receive, custody, control, manage, or invest members' funds;
• offer, sell, distribute, solicit, list, underwrite, guarantee, or recommend any security, investment, or investment opportunity;
• operate a public marketplace or facilitate public secondary trading of any interest;
• provide investment, legal, tax, accounting, or financial advice;
• vet, verify, endorse, or guarantee any group, administrator, opportunity, or outcome;
• promise, project, or guarantee any return.

Who may use Blumva

Blumva is intended solely for (a) private groups whose members have a genuine, pre-existing relationship, and (b) cooperative societies duly registered under applicable Nigerian cooperative law. Blumva is not offered to, and may not be used to solicit, the general public. Anyone accessing Blumva confirms they fall within these categories.

How money moves

Blumva is non-custodial. Any funding, contribution, or payout referenced on the platform is executed by licensed third-party payment and/or custody partners, not by Blumva. Wallet balances and transaction records shown in Blumva are informational reflections of activity held and processed by those licensed partners.

Responsibility for compliance

Each group and cooperative using Blumva is solely responsible for ensuring it is lawfully constituted and for its own compliance with all applicable laws — including securities, investment, cooperative, tax, anti-money-laundering, and data-protection requirements — in every jurisdiction relevant to its members and activities. Blumva does not assume any of these obligations on a group's behalf.

No offer or solicitation

Nothing on Blumva or on this website constitutes an offer, solicitation, or invitation to invest, nor a recommendation of any investment. Any decision to contribute to or participate in a group is made solely by the group and its members.

Jurisdiction and changes

Blumva's initial operating focus is Nigeria. Users outside Nigeria are responsible for the laws applicable to them. Blumva may update this notice at any time; the "last updated" date reflects the current version. Questions: hello@blumva.com.