Esusu Africa is a financial technology (fintech) company that builds digital financial services to modernise traditional savings and credit systems in Africa. It focuses on helping underserved and financially excluded individuals and groups save money, access credit, and manage financial services more efficiently using technology
Electronic Esusu (e-Esusu) is a digital version of Esusu—a traditional West African savings system where individuals or a group of individuals contribute fixed or varied amount of money regularly, and each member receives the pooled sum in rotation or exact amount at the end of the savings period.
Esusu Africa is a financial technology (fintech) company based in Lagos that builds digital financial services to modernise traditional savings and credit systems in Africa. It focuses on helping underserved and financially excluded individuals and groups save money, access credit, and manage financial services more efficiently using technology.
Esusu Africa’s mission is to expand digital financial inclusion by transforming informal savings and credit systems into scalable, secure, and transparent digital services that empower people who are traditionally underserved by banks. It aims to help these communities build financial discipline, improve access to credit, and achieve economic growth by unlocking the potential of group savings digitally.
The platform serves a wide network of thrift institutions and savings groups, with hundreds of thousands of savers on its system and billions of naira in savings managed digitally.
It operates with support from regulatory initiatives like the Central Bank of Nigeria’s sandbox, which allows fintech experiments and innovation under supervision.
Digital Thrift and Savings Platform: Esusu Africa provides a technology platform that digitises the traditional esusu (community savings) model so savings groups, thrift collectors, cooperatives, and microfinance institutions can collect and manage contributions electronically instead of manually.
Financial Inclusion Tools: Through its platform, it offers digital infrastructure such as mobile apps, web portals, and API integrations that make it easier for groups to track savings, record transactions, and reduce risks like cash theft or lost records.
Microcredit and Loan Capabilities: The system supports not only savings but also loan products, helping users to access microcredit in a structured and automated way.
Enterprise Services: It also provides solutions for Smaller financial organisations (like SACCOs and MFIs) to move their services online and streamline how they serve customers.
The platform includes tools for customer management, cooperative management, loan and savings tracking, reporting, and even customization for partner organisations.
In simple terms: Esusu Africa turns traditional community savings practices into digital products that help people save safer, get loans, and build financial trust using mobile and online technology.
We have a team of passionate and experienced professionals
Jhon Doe
Founder & CEO
Serial angel investor and entrepreneur, Jack has founded multiple successful startups prior to Sigma.
Robert Costa
Technical Director
Serial angel investor and entrepreneur, Jack has founded multiple successful startups prior to Sigma.
Holly Lee
Support Enginner
Serial angel investor and entrepreneur, Jack has founded multiple successful startups prior to Sigma.