AjoCard
Digitizing traditional ROSCA savings and micro-banking for informal trade
What it does
AjoCard was founded in 2018 to deliver secure agency banking, micro-savings, and digital payment infrastructure to unbanked informal sector workers. The company provides mPOS terminals and smart wallets that allow agents to issue micro-loans, take cash deposits, and offer micro-insurance. It is recognized for digitizing traditional informal rotational savings (Ajo) schemes.
Agency bankingCooperative / esusu / ajo digitizationSavings & thrift platformsCard issuing & management
Known for
- Digitized traditional Ajo savings schemes
- mPOS agent banking infrastructure
- Micro-insurance & micro-loan distribution
- Financial tools for informal traders
Model & industry
Marketplace / Aggregator modelAll / Cross-industry
Products & subsidiaries
AjoCard mPOS & Personal Banker App · Agent Banking SolutionAjoCard Saver Wallet · Micro-Savings Account
People
★ Yele Oyekola · Co-founder & Chief Executive Officer★ Breega Team · Co-founder