Lagos, Nigeria
AjoCard aims to empower the financially excluded by providing essential financial services tailored for those often overlooked by traditional banking institutions. With its slogan, "Financial services for the excluded," this burgeoning company endeavors to bridge the gap for unbanked and banked consumers across semi-urban and rural areas in Nigeria.
Since its founding in 2018, AjoCard has delved into diverse sectors within financial services, including payments, lending, investments, and even health insurance. Their inclusive approach targets those who struggle with accessing conventional payment and banking solutions in their regions.
The company's most recent funding milestone was a $1.03M Seed Round acquired in July 2021, led by Beta.Ventures. This investment underscores growing confidence in AjoCard's mission to democratize financial access and potential for scalability within Nigeria and perhaps beyond.
ZeGid
JamboPay
