About Us
Championing
Financial Inclusion
Inspired by our founder’s experiences in a community with limited access to formal financial services
About Aluung
Aluung is a startup fintech platform dedicated to financial inclusion for the unbanked and underserved at the bottom of the economic pyramid or for people who have such roots in collectivist societies who want to maintain traditional ways of banking and building social ties. We reimagine these traditions using technology. We digitize traditional Village Savings and Loans Associations (VSLAs) and Rotating Savings and Credit Associations (ROSCAs) through an intuitive, global mobile app. Offering secure digital wallets, seamless loans, multi-currency transfers, and community-driven tools, Aluung empowers users with 24/7 visibility, AI-powered credit scoring, and social collateral-backed financing—transforming informal savings into a pathway for economic empowerment and growth. We take away the heavy lift of financial management, banking and accounting which creates friction in these groups, creating the time for groups to focus on strengthening and extending group ties.
Our Story
Aluung was born from the founder's humble beginnings in Cameroon, where VSLAs and ROSCAs played a pivotal role in funding his and his siblings' education amid financial hardships. Inspired by these community lifelines, the founder—a PhD candidate in finance with three decades of experience in global banking and finance—launched Aluung as a passion project. Combining academic rigor with real-world expertise, we bridge traditional practices with cutting-edge technology to uplift millions, just as these systems once uplifted him.
Goal
Aluung aims to capture 2% of the world's ROSCAs and VSLAs, digitizing informal savings networks that manage over $500 billion annually. By scaling our platform across Africa, broader developing world where collectivists societies thrive and diaspora communities in Europe and North America, we target onboarding 10 million users by 2030, unlocking $1 billion in accessible finance and fostering sustainable micro-business growth.
Our Mission & Vision
Digitizing savings and loans for the unbanked, bringing financial inclusion to your fingertips.
Mission
Aluung creates a vital channel for finance access at the bottom of the pyramid, where many in VSLAs and ROSCAs remain unbanked. We focus on supporting micro-businesses desperate for productive capital. We leverage the social capital built within these groups to provide financing backed by social collateral, enabling seamless loans, savings, and transfers that empower individuals and communities to break poverty cycles.
Vision
To reimagine financial inclusion as a global, community-powered ecosystem where the unbanked or previously underprivileged peoples in collectivist societies thrive. We do this through accessible, transparent tools.
Our Team Meet The Team
Our diverse team of fintech experts, software engineers, and social impact enthusiasts is united by a shared goal: making financial services accessible to all.
Yimnai Nerus CEO / CTO
Maxline Ateh COO
Lambiv Gills Software Engineer
Randy Kwalar Software Engineer
Chung UI/UX Designer
Our Core Values
Digitizing savings and loans for the unbanked, bringing financial inclusion to your fingertips.
