Company Information

Get to know AjoMoney

AjoMoney, founded in 2021, is a financial technology company focused on digitizing the age-old practice of rotating savings and credit associations (ROSCAs), known locally in Nigeria as Ajo, Esusu, or Adashe. The company's mission is to drive financial inclusion for the unbanked and underbanked by providing a trusted platform for group savings and credit. By formalizing these informal community-based financial systems, AjoMoney helps users build a credit history, save securely with trusted circles, and access interest-free credit, thereby creating a pathway to formal financial services.

Industry

Financial Other ServicePRIMARY
Financial Payment

Contact

Social

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AjoMoney

Nigeria

Founded in

06 Apr 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

43/90

6 reviews

Provided by TrustFinance

OVERALL SCORE

Others

--/10

Reviews

43/90

6 reviews

Provided by TrustFinance

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.