SeedFi ("Platform") is a digital lending Platform developed and operated by The Dataseed Company Limited ("Us, We, Our").
Please read these Terms and Conditions ("Terms") carefully. Access to, and use of SeedFi's services ("Services"), and the Platform, is conditional on your agreement to these Terms. You must read, agree with, and accept all the terms and conditions contained in these Terms. By registering, or by using SeedFi, you are bound to these Terms, and you indicate your continued acceptance of these Terms.

• 18 years or above. If you are under 18 and you wish to access or use the Services, your parents or legal guardian must consent to our Terms, otherwise, you shall immediately discontinue its use.We also reserve the right to discontinue your use of the Platform if you are less than 18 years and have not gotten the consent of your parents or legal guardian.
• Physically located or are a resident of the State or Country you have chosen as your current residency when creating your Account.

To access the Services on the Platform, firstly, you need to enroll to create a profile ("Account"), by providing certain information such as your name, address, email address, mobile device number, Date of Birth, personal photograph, BVN, means of identification, utility bill and such other information as we may request from time to time (collectively, "User Information").

In exchange for your use of the Services, You agree to:

• provide true, accurate, current and complete information about yourself as prompted by our Account enrolment form and
• each time you log on, maintain and promptly update such Account information to keep it true, accurate, current and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or we have reasonable grounds to suspect that such Account information is untrue, inaccurate, not current or incomplete, we reserve the right to refuse any future request(s) to use the Services.

Loan application

• You may submit a loan application to us by following the instructions on the Platform. Loan application is considered upon providing certain information, such as monthly income, online credentials for your Bank Account, credit status check from the bureaus and CBNs CRMS, and such other information as we may request from time to time (collectively, "User Information").
• Approval of a loan/credit facility application submitted by you is at the sole discretion of SeedFi.

Terms Guiding the Grant and Utilisation of Credit Facility

• If we approve your loan/credit facility request, you shall be issued an Offer Letter which you are expected to accept unconditionally. The Offer Letter shall state specific terms guiding the facility granted to you.
• Once an Offer Letter is issued to you, you may be referred to as a Borrower.If you take a loan with us, you thereby authorize us to debit your Bank accounts provided to us for all fees associated with the loan immediately after the facility is disbursed. You Irrevocably undertake and covenant that you shall at all times make funds available in your account for the purpose of meeting your obligations when due. The foregoing shall be construed as a continuing instruction from you and shall not be revoked by you until you have fully paid down the credit facility availed to you.
• All expenses incurred in the arrangement, documentation, and enforcement of payments under this facility would be borne by you.
• Utilization of the facility or any part thereof shall be at the sole discretion of SeedFi and is subject to satisfactory documentation and regulation of CBN or other regulatory bodies as may be laid down from time to time.
• The facility shall terminate and all sums due to us there under shall become immediately due and payable if you commit any breach or defaults under the terms of the facility granted to you by SeedFi or any financial institution or lender.
• You shall keep SeedFi fully informed of all facilities granted to you by other Lenders or financial institutions.
• You will utilize the loan solely for the purpose(s) for which it was approved.
• Your Account must revert to credit on or before expiration of the facility.
• Any outstanding unpaid obligation at expiration will attract interest at 1% flat monthly.
• These rates are subject to review/change in line with money market conditions at any time or SeedFi's discretion. SeedFiwill send a notification via email or Short Message Service (SMS) or written letter in advance of the application of the new rate. However, SeedFi has the right to implement the changes at the end of the notice period if there is no response to the notice.