Tap into Nigeria's informal market through Alajo's service partner product. You can sell your insurance, loan, BNPL, and other digital finance products through Alajo to pre-qualified consumers in the informal sector.
The informal sector contributes nearly 50 percent of Nigeria's GDP and is valued at over 1 billion dollars. However, people in this sector do not have full access to financial services and products. Alajo is opening up this market through KYC documentation and digital finance services.
Customer Product Subscription: this revenue comes when the partner sells an insurance or finance product to a last-mile customer.
This service partner allows your business to create products to sell to Alajo customers and set financial and KYC requirements for accessing the products. Once your account and product offering are approved, our Alajo agents can sell these products to their customers.
Open Banking API support for seamless system integration.
AI-driven customer saving and spending behaviour analysis.
Dedicated Alajo service partner account management.
Alajo customer finance needs insight for product development.
Dedicated Collection Bank Accounts for enterprise collections.
Get pre-qualified leads from Alajo's verified customer base.
Get the opportunity to increase your customer base in the informal sector.
Get insight into last-mile customer purchase preferences and needs.
Alajo offers customers three savings types: Short-Term savings, Long-term savings, and EasySave.
The short-term savings plans last 1–4 months. The minimum savings amount is 500 naira. You can save 500–100,000 per day, week, every 2 weeks, or month for up to 4 months.
The long-term savings plan lasts 6 months–2 years. The minimum savings amount is 500 naira. You can save 500–100,000 per day, week, every 2 weeks, or month for up to 2 years.
Save at least 5,000 monthly for 6 months to 2 years.