When was Aladdin founded?

Aladdin was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Aladdin located?

Aladdin is headquartered in Lagos, Nigeria. It is registered at 251 Little Falls Drive, Wilmington, DE, US, DE.

How many employees does Aladdin have?

As of Aug 31, 2026, the latest employee count at Aladdin is 31.

Is Aladdin a funded company?

Aladdin is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on May 09, 2022.

When was the latest funding round of Aladdin?

Aladdin's latest funding was a $***** Seed round on May 13, 2022, with participation from 1 investor.

What is the annual revenue of Aladdin?

Annual revenue of Aladdin is less than $1M as on Dec 31, 2022

Where does Aladdin rank among its competitors?

Aladdin ranks 1st amongst 10 active competitors, only 1 of which is funded., of which only Aladdin is funded and secured an undisclosed amount in May, 2022.

Who are the top competitors of Aladdin?

Aladdin's top competitors include Raven Bank, Fundall and Sterling Alternative Finance. Among them, Aladdin secured the most recent funding round in May, 2022.

Aladdin - 2026 Company Profile, Team, Funding & Competitors

Company Details

Internet-first bank through banking partnership. It offers a platform where users can securely earn, borrow, save, make payments, and connect with verified buyers and sellers. It also features a fixed number of free money transfers every month.

Website: aladdin.ng
Social
Email ID: *****@aladdin.ng
Phone Number: +234 **********
Registered Address: 251 Little Falls Drive, Wilmington, DE, US, DE

Key Metrics

Founded Year

2020

Location

Lagos, Nigeria

Stage

Seed

Latest Funding Round

Seed, May 13, 2022, $*****

Investors

Arrowshare Ventures & 1 more

Ranked

1^st among 10 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2022

Employee Count

31 as on Aug 31, 2026

Similar Companies

Jupiter & 761 more

View Aladdin's full profile

Aladdin is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Aladdin Scheme Inc. CIN: 0001905531 , United States, Active		$0 - $1M (As on Dec 31, 2022)	27 (As on Dec 31, 2022)	-

Aladdin has raised funding over 2 rounds. Its first funding round was on May 09, 2022. Its latest funding round was a Seed round on May 13, 2022 for $*****. 1 investor participated in its latest round. Aladdin has 2 institutional investors.

Here is the list of recent funding rounds of Aladdin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2022	2999009	Seed	9310232	3916696	7278983	4349890
May 09, 2022	5156773	Conventional Debt	7520099	6643127	2565237	4483318

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View details of Aladdin's funding rounds and investors

The founders of Aladdin is Darlington Onyeagoro.

Here are the details of Aladdin's key team members:

Darlington Onyeagoro: Former Co-Founder of Aladdin.

View details of Aladdin's Founder profiles and Board Members

Aladdin's employee count trend

Aladdin has 31 employees as of Aug 26. Here is Aladdin's employee count trend over the years:

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Top competitors of Aladdin include Raven Bank, Fundall and Sterling Alternative Finance. Here is the list of Top 10 competitors of Aladdin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aladdin 2020, Lagos (Nigeria), Seed	Internet-first bank through banking partnership	-	Arrowshare Ventures, Expert DOJO	48/100
2nd	Raven Bank 2020, Lekki (Nigeria), Unfunded	Internet first bank through partnership for retail and business banking	-	-	37/100
3rd	Fundall 2019, Lagos (Nigeria), Acquired	Digital bank for individuals & businesses	$150K	Black Knight	36/100
4th	Sterling Alternative Finance 1960, Lagos (Nigeria), Unfunded	Digital bank for consumers & businesses	-	-	30/100
5th	BellBank 2020, Kano (Nigeria), Unfunded	Digital banking platform offering a range of financial services	-	-	20/100
6th	CashConnect 2017, Lagos (Nigeria), Unfunded	Digital bank for individuals and businesses	-	-	19/100
7th	MYKOLO.NG 2017, Ikeja (Nigeria), Unfunded	Provider of digital platform for financial solutions	-	-	19/100
8th	Jufopay 2021, Lagos (Nigeria), Unfunded	Provider of a digital banking platform for businesses and individuals	-	-	16/100
9th	Visa Money Saver 2018, Abuja (Nigeria), Unfunded	App-based alternate savings account for consumers	-	-	16/100
10th	Stow 2023, Lagos (Nigeria), Unfunded	Internet-first bank for consumers and businesses	-	-	16/100