Overview
Raised: $181,141
Rolling Commitments ($USD)
05/31/2022
$1,473
231
2021
Financial & Insurance Products & Services
Fintech
B2B/B2C
High
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$143,071 |
$0 |
COGS |
$20,963 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-16,854 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$15,508 |
$0 |
Accounts Receivable |
$52,141 |
$0 |
Total Assets |
$307,776 |
$0 |
Short-Term Debt |
$122,453 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$122,453 |
$0 |
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Founder Profile
Aladdin Founder Darlington Onyeagoro Is Empowering African Small Businesses
Africa has a high concentration of self-employed workers. In 2019, 14 African countries ranked among the top 15 countries in the world with the highest self-employment rates. With the COVID-19 pandemic pushing large portions of the workforce online, many of these individuals may have to use multiple programs to manage their businesses.Aladdin Digital Bank has curated its comprehensive app to make life easier for freelancers and small businesses in Africa. It provides financial services, a marketplace, social content, and even employee benefits. We reached out to co-founder and CEO Darlington Onyeagoro to learn more about why he dropped an earlier project to work on Aladdin and how the company plans to expand.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.