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BucksTrybe Financial services for cooperatives and informal saving groups

Cover image of BucksTrybe, Banking venture on VC4A

Cooperatives and Informal savings groups is popular among Africans and Africans In Diaspora.
They are currently underserved and prone to fraud because their operations is based on mutual trust between members of the community.
They have limited access to financial services as they rely on individual account and manual accounting process to monitor members contributions and transactions. They also have to be in the same physical location.
BucksTrybe is providing an end to end banking solution and access to financial services like group account opening, digital signatories, automated accounting framework and access to loans and credit.
Our Business model is generating revenue by charging
-1% on contribution
-Monthly Account service fee
-Interest from Loan/Credit
-Partnership with public and private companies

Sectors Banking, Financial services
Location Lagos, Nigeria
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