We're helping millions of low-income individuals achieve financial freedom by making it easy for them to save without needing the internet or a smartphone.
Our AI Platform links them to merchants, banks and vendors, to give them access to goods and financial services they couldn't reach before.
Mrs. Risikat struggles to pay her son's $22 four-month school fees, often using loans and credit lines. By saving $0.6 from her daily earnings, she could save $75 in 4 months, cover fees, buy books, and send him to a better school.
The impact of Alajo extends far beyond one family to millions of individuals facing financial challenges worldwide by empowering individuals like Mrs. Risikat to take control of their finances.
Our commitment to facilitating savings and enhancing financial literacy aims to break the cycle of debt and insecurity, creating a ripple effect of positive change in communities. Together, we are building a future where everyone has the opportunity to thrive, one small step at a time.
we strive to make banking and financial education accessible to everyone, especially low-income workers, traders, and families. By using technology and community banking, we provide essential financial services and products to help lift people out of poverty. Our goal is to ensure that everyone has the tools they need for a better financial future.
Alajo exists to modernize and elevate the traditional savings practices deeply rooted in African culture, particularly those like Ajo, Adashe, and Esusu. These community-based savings systems have served generations, fostering unity and mutual support among members.
With only a Basic Phone, an ATM Card
Save money and make transactions easily
Access financial education in their local language
Get donations, grants, and loans
Use Buy Now, Pay Later (BNPL) or savings-linked payment options
Access insurance, pensions, and micro-wealth products
Build a credit score with AI based on their savings behavior
We power Ajo (Thrift) Businesses!
You can start an Ajo Business, or power your existing Ajo business.
Agent-business communication system
Instant business insurance
Monthly Revenue up to 400,000 Naira Monthly
A simplified communication system with customers
Instant business transaction records, generation, and export
Access Funds, Grants and Trainings for Growth
Founder of the Year
Founder of the Year at Regional Global StartUp Awards, 2024
BSA by 54 Collective with $5,000 Grant, 2024
Finalist at develoPPP Ventures by GIZ, 2024
Winner of Expand NorthStar's Lagos Pitch
Winner of Expand NorthStar's Lagos Pitch Competition; GITEX Global, 2023
First Runner-up at The Launchpad Programme
First Runner-up at The Launchpad Programme by BlackGirlFest with Goldman Sach, LocalGlobe and SalesForce with £15,000 Grant, 2023
Top 200 Startups at TechCrunch Battlefield
Top 200 Startups at TechCrunch Battlefield 2023
Female AI Founders
AIm High by Amazon for Female AI Founders in Africa, Europe and Middle East 2023
Top Google for StartUps
Top Google for StartUps with $200,000 Google Credits, 2023
Selected for the ShEquity Business Accelerator
Selected for the ShEquity Business Accelerator (SHEBA), 2023
Selected for The Catapult Inclusion Africa by Luxembourg HoFT, 2022
Selected for The Catapult Inclusion Africa by Luxembourg House of Financial Technology, 2022
Nominated startup
Nominated startup of the year 2022 by TeamApt and Ingressive Capital, 2022.
Explore Alajo's advancements and the impact of our latest innovation,
which serves as a pioneer in creating an ecosystem that benefits underserved communities.