Ajo Money
Digital Rotating Savings and Credit.
What it does
Founded in 2020 by Ibrahim Adepoju and Chineye Ochem, Ajo Money digitizes the traditional African rotating savings model (Ajo, Esusu, or Adashe). The platform allows users to create and manage group savings online and is operated by AjoPay Financial Technology.
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Known for
- Digital Ajo
- Esusu platform
- Group savings
Model & industry
B2CFinancial Services
Funding history
$0
Total raised
1
Rounds
Pre-seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-08 | Pre-seed | — | Tekedia Capital |
Source: Condia Funding Tracker
Products & subsidiaries
AjoMoney App · Mobile App