Institutional-Grade Security
Your contributions are protected by verified BVN identity checks, an audited transaction ledger, and automated circle default protections.
End-to-End Encryption
All financial data and personal information is encrypted both in transit and at rest using AES-256 standards. We never store raw banking credentials.
Identity Verification
Every member on Àjọṣe must pass our strict Know Your Customer (KYC) protocols using valid BVN before they can join an active Ajo group.
The Ajo Credit Penalty System
Trust is the foundation of cooperative contributions. To protect the pool, we enforce a strict penalty system:
Defaulting on a payment results in an immediate -50 point penalty to your global Ajo Credit Score.
Users with poor credit scores are automatically restricted from joining premium or high-value groups.
Payment Infrastructure & Open Banking Rails
Platform Disclosure: Àjọṣe is a financial technology platform, not a bank. Contributions are collected automatically by bank debit through Mono on the contribution date. Once NIBSS settles the funds into Àjọṣe's wallet, the payout is credited automatically to the member whose turn it is. Àjọṣe doesn't hold onto group funds.