Ajel
Curated by SignalCommercial point of sale financing platform connecting wholesale and retail traders.
Overview
Ajel operates in the commercial point of sale financing sector, offering a platform that facilitates transactions between wholesale and retail traders. The platform provides credit purchasing, installment payments, and liquidity solutions, addressing the challenge of supplying goods on credit while ensuring timely payment to wholesalers. It is specifically designed for small retail traders, particularly in the clothing and accessories sector, and adheres to Islamic finance principles through commercial murabaha agreements. Ajel's application aims to enhance transaction efficiency, assist wholesalers in managing their sales, and provide post-sale support, with the goal of unifying Egyptian traders on a single platform.
Key facts
- Founded
- 2021
- Headquarters
- Maadi, Egypt
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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