Aella Credit – Instant Credit Solutions for Africans

Aella Credit
Aella Credit provides instant credit solutions that eliminates the hassle of standard loan applications and enables employee to borrow at competitive and fair rates through their employers. Individuals can download the application through Android devices. Benefits of the platform are offered to employees, companies, and investors.
Aella Credit is a socially responsible online alternative lender for Africans. Our pilot launched with a focus on the Nigerian market and integrated with local credit bureaus. Our team has over 40 years of combined experience with a core focus on technology, finance, risk management and analytics from across the Globe.

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Headquarters:     Mountain View, California
Description:         Aella Credit provides instant credit solutions to Africans.
Founders:             Akinola Jones, Eromosele Okojie
Categories:          Social Innovation, Information Technology, Innovation Management
Website:              https://www.aellacredit.com

Products/Services

Aella Credit is building Platforms that make it easier for individuals in Africa to gain access to financing. Currently, 425 million employed Africans have no access to credit. We are building a fair alternative to employee lending and empowerment.

Company Details

Founded:          July 1, 2015
Contact:             support@aellacredit.com | +23409080296333
Employees:      11 – 50

Why Aella Credit was Founded

In an exclusive interview with TechCabal , Aella Credit co-founder, Akinola Jones has this to say about the company:
“What made us head into the personal lending business can basically be summed up as personal pain. Banks rarely lend to individuals. We’ve had family members and friends who have needed credit facilities and no solution was readily available. Even as a company, we have needed such facilities without easy access.”

Aella Credit

Also, in an interview with Techpoint, Akinola shared this:
“Aella Capital was founded as a Business Incubation and Financial Advisory firm. We’ve invested seed capital in various early stage start-ups that you may know of. We’ve also advised various technology retail businesses including African Courier Express and SureGifts; all together over 20 technology businesses.
That’s our advisory side of the business. But we also take on various corporate finance and consulting mandates, which is how our model works. We take on bigger transactions in Oil & Gas, Financial Services, Energy and Power, and we take money we make from our fees and either use it to incubate business or invest in them.”

Team at Aella Credit

Co-Founder and Chief Implementation Officer
Co Founder, CEO & Chief Visionary Officer
Co Founder

Other Helpful Resources


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