AjoMoney
Company

Last deal

Amount

Non-equity Assistance

Stage

08.03.2023

Date

3

all rounds

General

About Company
AjoMoney is a digital platform that offers savings, payment and credit services to ROSCA, cooperative societies and their members.

Industry

Sector :

Subsector :

founded date

06.04.2021

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

AjoMoney digitizes the traditional ROSCA model, allowing users to easily join rotating savings groups and save money together with people of matching credit scores. Users can also create their own savings groups and invite others to join. AjoMoney ensures users complete their KYC before withdrawing money from their Ajo Wallet. Tyms Africa, the parent company, provides AI-powered financial tools for MSMEs and startups in Africa, connecting them with savings, investment and instant micro-credit opportunities through partnerships with financial institutions. TymsBook, an automated and AI-powered bookkeeping and accounting solution, helps businesses manage cash flow and bank reconciliation.
Contacts

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