AjoSquad, a revolutionary Fintech platform that automates community-based savings, streamlining the traditional peer-to-peer (P2P) savings process. Our user-friendly platform allows you to join a savings group, known as a "Squad," where members take turns receiving pooled funds in a secure and transparent environment. With AjoSquad, you can easily save and grow your money collectively, enjoying a seamless and secure experience for all your financial transactions."
Key Features & Benefits of AjoSquad
Automated Savings
Say goodbye to manual contributions! Ajosquad automates bi-weekly deductions, ensuring consistent savings progress.
Variety of Savings Groups (Squad)
Choose a savings group that aligns with your budget - $200, $300, $500, or $1000 twice monthly contribution options are available.
Transparent and Secure
Ajosquad is a FINTRAC-registered company utilizing industry-leading payment processing (Gocardless) and verification (Shufti Pro) for your peace of mind.
Default Protection
Don't worry about missed payments from others! Ajosquad has you covered. We handle defaults and ensure the group savings cycle continues uninterrupted.
Increased Savings Potential
By pooling funds with others, you gain access to a larger payout sooner, accelerating your financial goals.
Simplified Group Formation
Eliminate the hassle of finding trustworthy individuals. Ajosquad facilitates seamless group joining and management.
Why choose Ajosquad
Ajosquad was born from a desire to empower immigrants in Canada. We understand the financial hurdles newcomers face when establishing themselves in a new country. Ajosquad bridges the gap by reviving the familiar group savings concept in a modern, secure, and automated format.
Traditional group savings can be cumbersome, fraught with challenges like finding reliable participants, managing collection schedules, and handling defaults. Ajosquad tackles these issues head-on, offering a convenient and secure alternative.
Join Ajosquad today and embark on a smarter, more collaborative savings journey!
How it Works
Learn how it works and skyrocket your saving.
Create an Account
Sign up through our user-friendly app (app.ajosquad.com). Provide the necessary information . An email will be sent, click to confirm your email and log in to access your dashboard
Complete KYC/Agreement
Complete your KyC to verify your identity for a secure experience and sign your agreement forms for clarity and legal protection
Join a squad and Connect Bank
Join a squad of your choice and Link your bank to create a mandate and enjoy seamless automatic debits
Choose a Position
Proceed to select any available payout position of your choice
Add Payout Bank Details
Provide your bank information to automatically receive your payout once due.
Monitor Progress
Track your contributions and monitor your squad's progress through the dashboard.