Aladdin Digital Bank, Closes a Debt-Financing Deal Up to $3.5 Million and Closing a Pre seed round soon | Tech Cabal

Aladdin Digital Bank
2 min readMay 9, 2022


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 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 and we can achieve this faster with your help.

Aladdin is conducting a Regulation Crowdfunding offering via Wefunder and we have come a very long way in securing over $300,000 worth of investment commitment during our pre-seed round launched in December 2021. We need your help to close this round with a Big Bang before it ends in 17 days.

Join our community of over three hundred investors today with as little as $100 Investment closes May 26, 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



Originally published at on May 9, 2022.



Aladdin Digital Bank

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