Skip to content
Sectors How it works Pricing Client stories

Insights

Companies Live signals Events Markets Trends Company lists
Log in
Platform Signal Tracker API Radar Book a 7-day Readout
AjoCard logo — Financial services for the excluded

AjoCard

Financial services for the excluded

Founded 2018 Nigeria Lagos, Nigeria 35 employees Seed Total: $1.03M Financial Services, Lending and Investments +2

General Information

Company Name AjoCard
Founded Year 2018
Location Nigeria Lagos, Nigeria
Employees 35
Industries Financial Services, Lending and Investments, Payments +1
Funding Stage Seed
Business Model B2C, B2B, Embedded Finance
Revenue Model Service Fee, Commission, Subscription
Social

BounceWatch is an independent company data service, not affiliated with AjoCard. To contact AjoCard, visit ajocard.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does AjoCard compare?

A PDF of AjoCard and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting AjoCard soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About AjoCard

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.

Business keywords: unbanked consumers, banking, payments, rural areas, semirural areas, ATM machines, financial inclusion

Services & Products

Micro-Savings for open-market retailers
Micro-Loans up to 100K
YondaCare health insurance
Ajo Wallet for secure transactions
API solutions for developers

Target Customers

Unbanked and underserved individuals Small and Medium Enterprises (SMEs) Open-market retailers Personal Bankers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.03M 1
Beta.Ventures
Beta.Ventures
01 Jul 2021

AjoCard Alternatives & Competitors

View All Alternatives
AjoCard vs
Dock
Dock Brazil

Spread financial power

Private Equity
1002 employees
Financial Services, Fintech
Compare AjoCard vs Dock
AjoCard vs
KwikPaisa NEO Bank
KwikPaisa NEO Bank India

digital revolution of traditional banks

11-50 employees
Financial Services, Fintech
Compare AjoCard vs KwikPaisa NEO Bank
AjoCard vs
BPC
BPC Switzerland

Driving Innovation, Delivering Experience

933 employees
E-Commerce, Financial Services
View all alternatives

FAQ About AjoCard

Financial services for the excluded
AjoCard was founded in 2018.
AjoCard is headquartered in Lagos, Nigeria.
AjoCard operates in Financial Services, Lending and Investments, Payments and Health insurance. Its work centres on unbanked consumers, banking, payments and rural areas. Its customers include Unbanked and underserved individuals, Small and Medium Enterprises (SMEs) and Open-market retailers.
AjoCard has a B2C, B2B and Embedded Finance business model. Its revenue comes from Service Fee, Commission and Subscription.
AjoCard has approximately 35 employees.
AjoCard has completed 1 funding round, raising a total of $1.03M. The latest funding stage is Seed.
AjoCard offers: Micro-Savings for open-market retailers, Micro-Loans up to 100K, YondaCare health insurance, Ajo Wallet for secure transactions, API solutions for developers.
Top alternatives and competitors to AjoCard include Dock, KwikPaisa NEO Bank, BPC, YUVA PAY, Pragati Finserv Private Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AjoCard and Dock are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for AjoCard, https://bouncewatch.com/company/ajocard, updated 1 May 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout