AjoCard

About Us

AjoCard is a FinTech company with a focus on providing easy and secure money management and payment solutions for underserved and unbanked individuals. Our goal is to empower them to have control over their finances and to fulfill the vision of making banking accessible to everyone.

AjoCard offers payments, lending, savings, and health insurance services.

Additionally, AjoCard offers financial services to those with limited access, leveraging a company with a strong track record in growing startups, transitioning platforms, and utilizing financial technology.

The service provides a convenient way for customers to securely withdraw cash from their debit cards in areas without ATMs and to use bank cards in remote locations instead of searching for an ATM and cash before making a purchase.

• Headquarters: Lagos, Nigeria
• Year Founded: 2018
• Employees: 11-50

AjoCard Mobile Apps

AjoCard is a company specializing in FinTech solutions, offering a wide range of financial services such as micro-savings, micro-loans, HMO insurance, Ajo-wallet activation, and both online and offline payment methods.

Our team of Personal Bankers assists open-market retailers with their daily savings collections, modernizing the traditional ajo, adashe, esusu process through our mPOS and membership cards.

In addition, they provide a range of financial services, including access to convenient, quick, and cost-effective payment solutions.

AjoCard has been authorized by CBN and the deposits it collects are protected by NDIC insurance.

The AjoCard App allows users to:

• Free Account Opening using your phone number
• Daily micro-savings collection
• 30 Day micro-credit up to 100k to grow your business
• Affordable HMO Insurance, access to +750 hospitals nationwide
• Receive and send payment transfers, withdrawals – VAS and Bill Payment

Our Mission

Their mission is to make banking more accessible through an agent banking model, which allows people to conduct transactions through agents equipped with mobile point-of-sale (mPOS) devices instead of relying solely on traditional banks or ATMs.

Our Core Values

• Customer-Focused: Our customers are our business
• Respect: We value feedback and treat each other with respect.
• Collaboration: We are one team always and support each other for our progress.
• Excellence: We have a passion for excellence.
• Accountability: We act with integrity and take ownership.
• Celebration: We celebrate all wins; big and small.

Our Services

1. Micro-Savings:

We recognize the significance of saving money securely for unforeseen circumstances and long-term goals. By allocating a small portion of your daily earnings towards your business objectives, we make the process easy, safe, and convenient through our team of AjoCard Personal Bankers.

• Save at your pace
• Safe and secure funds
• Build your financial records

2. Micro-Loans

Get immediate 30-day small loans of up to 100k to expand your business.

Elevate your business with fast, no-collateral microcredit starting from as low as ₦20K to ₦100K. We are simplifying micro-loans to make them easy, accessible, and convenient for everyone.

• Grow with ease
• No collateral
• Payback conveniently

3. Insurance

AjoCard runs an insurance scheme called YONDACARE!

YondaCare is committed to ensuring that individuals of all ages, from mothers and children to teenagers, adults, and senior citizens, have easy and affordable access to healthcare services, particularly during health emergencies or accidents.

YondaCare health insurance provides an affordable health care plan starting at just N1500 per month, allowing you and your family to access our network of over 750 hospitals across the country. You can easily use our virtual ID card on your smartphone to enjoy these benefits.

We are committed to ensuring that no mother, child, teenager, or adult in Nigeria operates below their full potential due to the exorbitant cost of medical bills or lack of access to emergency care.

Our initiative is supported by a top insurance company, offering comprehensive medical coverage and excellent customer service to all individuals.

4. Payments

Easily send, receive, and instantly make bill payments at your local kiosk.

You can make deposits, and withdrawals, and pay your utility bills using our online and offline options.

Payment solutions that are easy and accessible for all via

• USSD
• USSD, In-app transfers & utility bill payments
• Cash deposits and withdrawals, transfers and utility bill payments.

5. Customer Support

We offer round-the-clock support to users, with a focus on promptly resolving issues with empathy.

6. AjoCard APIs

Provides comprehensive APIs for integrating financial services into products, facilitating NFC-enabled card transactions, as well as enabling savings and micro-payments.

Benefits of AjoCard

• 24/7 Customer ‘1st’ Support
• Safe and Secure
• Competitive Reward
• Compliance and Data Integrity

Our well-documented and user-friendly APIs have taken care of everything for you. Seamlessly integrate financial solutions into your current product with confidence.

You have the ability to introduce and share applications that enable your users to possess an NFC enabled card, store money; transfer, receive small payments in their digital wallet, sign up for insurance and many other features.

We offer everything you need to implement on a large scale for different scenarios, simplifying the process of going live and making it accessible and convenient for everyone.

AjoCard

Our Recommendation

• Wasoko
• AdHang
• TradeDepot
• Paga