Terms of Service

These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Pody Network Limited ("Pody," "we," "our," or "us") governing your access to and use of the Pody mobile application and web platform (collectively, the "Platform") and all related services, including the Buy Now, Pay Later (BNPL) instalment facility and student marketplace (the "Services").

By downloading the Pody app, accessing the Platform, creating an account, or using any of our Services, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy (incorporated herein by reference). If you do not agree to these Terms, you must not use the Platform.

To register for and use the Pody Platform, you must meet all of the following eligibility requirements at the time of registration and on a continuing basis:

• You must be a Nigerian citizen or legal resident with a valid National Identification Number (NIN).
• You must be a currently enrolled student at a recognised Nigerian tertiary institution (university, polytechnic, college of education, or professional training institution accredited by the relevant regulatory body).
• You must be at least 18 years of age.
• You must not have been barred, flagged, or restricted from accessing online marketplace or digital lending platforms by any Nigerian regulatory or law enforcement authority.
• You must maintain satisfactory academic standing as assessed by Pody at the time of application and periodically thereafter. "Good academic standing" means you are not currently on academic probation, suspension, or expulsion, and you meet the minimum academic performance threshold determined by Pody.
• You must have a valid Nigerian bank account in your name for repayment purposes.
• You must not have a pre-existing overdue credit obligation with Pody or a prior Pody account that was terminated for fraud or misrepresentation.

To access Pody's Services, you must create a user account by completing our registration and KYC process. By registering, you agree to:

• Provide accurate, current, and complete information during registration and to update such information promptly if it changes.
• Complete the identity verification process as required (including biometric liveness checks via DIDIT).
• Provide valid proof of student status at the time of registration and upon periodic re-verification.
• Maintain the confidentiality of your account login credentials, including but not limited to your password, PIN, and any biometric authentication factors.
• Accept full responsibility for all activities conducted through your account, whether or not authorised by you.
• Notify us immediately at hello@pody.network if you suspect unauthorised access to your account.

Pody partners with approved vendors ("Vendors") whose products and services are available for purchase through BNPL on the Platform. By making a BNPL purchase through a Vendor:

• Your purchase contract for the goods or services is with the Vendor, not with Pody. Pody is the platform operator facilitating the instalment arrangement, not the seller.
• All product quality, delivery, warranty, and customer service obligations rest with the Vendor.
• Disputes regarding defective products, non-delivery, or Vendor conduct should be first directed to the Vendor. If unresolved within 5 (five) business days, you may escalate to Pody's disputes team at dispute@pody.network.
• A successful dispute with a Vendor may result in a refund to your Pody credit balance, which will reduce your outstanding balance; Pody shall not be liable for reimbursing cash directly in such circumstances.
• Pody does not guarantee the availability or quality of any Vendor product.

You agree not to use the Platform or Services for any of the following purposes:

• Providing false, misleading, or fraudulent information during registration or any subsequent verification process.
• Using a Pody account opened in another person's name or accessing the account of another user without authorisation.
• Using the BNPL facility for any illegal purpose, including but not limited to the purchase of prohibited goods, money laundering, or financing of terrorism.
• Circumventing credit limits by creating multiple accounts.
• Engaging in any activity that disrupts, overloads, or compromises the security or functionality of the Platform.
• Attempting to reverse-engineer, decompile, or extract proprietary algorithms or source code from the Platform.
• Using bots, scripts, or automated tools to interact with the Platform in a manner not intended for end-users.
• Reselling or transferring your BNPL instalment arrangement to another person.

All intellectual property rights in and to the Platform, including but not limited to the Pody brand name, logo, software, design, content, algorithms, and any derivative works, are owned by or licensed to Pody Network Limited.

All third-party trademarks, brand names, and product names featured on the Platform are the property of their respective owners. Such trademarks are used by Pody solely for the purpose of marketing and selling their respective products and do not imply any affiliation, endorsement, or sponsorship unless expressly stated.

You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Platform solely for your personal, non-commercial use in accordance with these Terms. You may not:

• Copy, distribute, modify, or create derivative works of any part of the Platform.
• Use the Pody name, logo, or branding without our prior written consent.
• Remove any copyright, trademark, or proprietary notices from the Platform.

The Platform may integrate with or link to third-party services, including DIDIT (identity verification), Sentry (error monitoring), AWS (cloud services), payment processors, credit bureaus, and Vendor websites. These third-party services are governed by their own terms and privacy policies.

You agree to indemnify, defend, and hold harmless Pody, its officers, directors, employees, agents, and licensors from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or relating to:

• Your use of or access to the Platform.
• Your violation of these Terms.
• Your violation of any applicable law or regulation.
• Any misrepresentation made by you to Pody.
• Your infringement of any third-party rights.

You expressly authorise Pody to:

• Submit credit enquiries to licensed Nigerian credit bureaus on your behalf as part of your credit assessment.
• Report your repayment history (positive and negative) to licensed Nigerian credit bureaus in accordance with the Credit Reporting Act 2017 and FCCPC digital lending guidelines.
• Continue to update your credit file with credit bureaus for the duration of any outstanding obligation, even after account deletion.

We reserve the right to amend these Terms at any time. Material changes will be communicated to you via email, in-app notification, or prominent notice on the Platform at least 14 (fourteen) days before the changes take effect.

Pody shall not be liable for any delay or failure to perform its obligations under these Terms to the extent that such delay or failure results from events beyond our reasonable control, including but not limited to acts of God, floods, fires, earthquakes, natural disasters, government actions, regulatory changes, acts of terrorism, pandemics, national grid failures, or failures of third-party infrastructure providers such as telecommunications carriers or cloud service providers.

If any provision of these Terms is found to be invalid, unlawful, or unenforceable by a court of competent jurisdiction, that provision shall be severed from the Terms and the remaining provisions shall continue in full force and effect.

For all enquiries related to these Terms, please contact us at:

• General Support: hello@pody.network
• Legal & Compliance: legal@pody.network
• Credit Disputes: credit@pody.network
• Data Privacy: privacy@pody.network
• Website: pody.network
• Address: Ibadan, Nigeria