Early Stage

Africa's 1st ecosystem bank

Africa's 1st ecosystem bank


Raised this Round: Raised: $32,916

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Convertible Note



SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap




Year Founded



Financial & Insurance Products & Services

Tech Sector


Distribution Model




Capital Intensity



Wilmington, Delaware

Business Type


Aladdin, with a valuation of $9 million, is raising funds on MicroVentures. It is a digital banking ecosystem specifically for Nigerian entrepreneurs, individuals, and small businesses. The products and services of Aladdin include savings accounts, lending services, e-payment services, and a marketplace to buy and sell goods. Aladdin has reported $280,000 in revenue through Q3 2022 and over 80,000 monthly active users in July 2022. Darlington Onyeagoro and David Echu founded Aladdin in November 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $361,210. The campaign proceeds will be used for online and offline marketing, product enhancements, platform security, business expansion, and operational expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year












Net Income



Summary Balance Sheet

Most Recent Year Prior Year




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 11/01/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Aladdin 04/27/2024 Wefunder $9,000,000 $68,851 SAFE Funded RegCF
Aladdin 04/02/2023 Microventures $9,000,000 $32,916 Convertible Note Funded RegCF
Aladdin 05/26/2022 Wefunder $9,000,000 $181,141 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)


$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Aladdin on MicroVentures 2022
Platform: Microventures
Security Type: Convertible Note
Valuation: $9,000,000

Follow company

Follow Aladdin on MicroVentures 2022

Buy Aladdin's Deal Report

Warning: according to the close date for this deal, Aladdin may no longer be accepting investments.

Aladdin Deal Report

Get KingsCrowd’s comprehensive report on Aladdin including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Aladdin is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Aladdin deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge