Aladdin Digital Bank, Closes a Debt-Financing Deal Up to $3.5 Million

May 6, 2022
2 min read

Aladdin Scheme Ltd, the leading Ecosystem Digital bank in Nigeria has announced its successful closing of a debt-financing deal up to $3.5 million. This debt-financing will power its digital lending products in order to provide a wide range of loan options including; Nano, micro , salary , auto , SME loans et cetera.

It has successfully launched its nano loans and microloans product last week and has begun  rolling out its salaried employees loans up to $10,000.

In the last couple of months, Aladdin Digital bank has transformed from a digital bank app to a full scale financial powerhouse for individuals, freelancers and SMEs consistently delivering state of the art digital products on its banking platforms to support their hustle.

Aladdin is Africa’s number one ecosystem bank that supports SMEs, freelancers, and individuals with the financial, commercial, and social tools that they need to thrive. On Aladdin, users can borrow, save, invest, make payments, get cards, get insured, buy and sell products and services and interact with other users.

Become an investor in Aladdin 

We aim to create a digital bank to help SMEs and freelancers across Africa access more financial tools and opportunities in one place.

We can make this happen faster with your help.

If this is something you believe in, you can join our community of investors by making an investment with as little as $100 at Investment closes May 19, 2022.

To learn more about Aladdin, visit or connect with us on Instagram, Facebook, LinkedIn, Twitter, and Telegram. 

The mobile app is available for download on the Google play store and the Apple store.

IG: @aladdinbankng



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