Community finance, modernised.

At MamaSave, we are rewriting the narrative of grassroots financial inclusion across Nigeria. We build modern, secure, and reliable technology tailored for the heartbeat of our local economies — the market women, micro-entrepreneurs, and daily earners who keep our communities moving.

MamaSave is a proprietary financial technology ecosystem operated by MamaSave Eliozu Multipurpose Co-operative Society Limited.

To bridge the gap between informal micro-savings and secure digital finance. We are dedicated to providing underbanked market traders with an unshakeable, transparent digital ledger system that honours their daily hard work, protects their liquidity, and builds a clear path toward financial resilience.

To become Africa's most trusted software gateway for daily savings and community-driven wealth creation, empowering millions of grassroots entrepreneurs to scale their businesses with dignity and complete peace of mind.

For generations, the informal marketplace has relied on traditional, paper-based daily savings contribution systems — popularly known as Akawo, Ajo, or Adashe. While these networks are vital, they are plagued by deep structural vulnerabilities: manual record errors, lost paper cards, a lack of real-time balance tracking, and the devastating risk of informal collectors disappearing with a trader's hard-earned cash.

Traditional commercial banking apps are not designed for the daily operational realities of a busy market square. Traders cannot afford to leave their stalls to stand in long banking halls just to deposit small daily cash amounts, nor can they communicate effectively with complex interfaces that do not support their native languages.

MamaSave bridges this exact gap by combining the personal touch of community-trusted relationships with bank-grade digital engineering.

Digital daily savings (Akawo / Ajo / Adashe): We equip verified Field Collection Agents with a secure mobile application. When an agent visits a trader's stall and collects their daily cash, the transaction requires a mandatory 4-digit OTP handshake between saver and agent. Funds are logged into our centralised digital ledger instantly, sending immediate SMS and app notifications. No paper cards, no missing balances, no stories.

Turn-by-turn contribution groups: Beyond individual savings, MamaSave digitises traditional rotation groups. Market sellers can safely pool resources for joint welfare, business expansion, or rotational payouts with transparent, automated digital schedules.

Inclusive & multilingual design: MamaSave is built for every trader in the market square. Our platform supports regional languages (Hausa, Yoruba, Igbo, Pidgin) and caters to users with or without smartphones.

Agent security & GPS safeguards: Every Field Collector undergoes rigorous KYC verification, live GPS tracking, and carries collateralised security bonds to guarantee that cash collected in the field is 100% accounted for and protected.

At MamaSave Eliozu Multipurpose Co-operative Society Limited, we treat our users' hard-earned savings and financial data as a sacred trust.

Tech infrastructure: The platform is engineered and maintained by a dedicated Nigerian technology team and operated under the governance of MamaSave Eliozu Multipurpose Co-operative Society Limited.

Fund custody & cooperative governance: All member deposits are held securely within regulated cooperative bank accounts managed by MamaSave Eliozu Multipurpose Co-operative Society Limited, integrated directly into commercial banking partners and NIBSS-compliant payment rails.

Data safeguards: MamaSave is engineered in strict compliance with the Nigeria Data Protection Act (NDPA), utilising advanced encryption protocols (AES-256 and TLS) to ensure that user identities and account details remain fully fortified.

A complete member financial stack: daily savings, turn-by-turn rotation, Committee of Friends circles, HelpMePay, WealthPot fixed deposits, loans, MamaWallet transfers and bill payments — all in one account.

Whether you are a market saver looking to secure your daily profits, an ambitious field agent looking to power your community, or an institutional partner driving grassroots financial inclusion, there is a place for you in our ecosystem.

Let's build a secure future, one daily square at a time.

Cooperative Custodian: MamaSave Eliozu Multipurpose Co-operative Society Limited
Product Brand: MamaSave
Official Website: https://mamasave.ng
Help Center: https://help.mamasave.ng
Corporate Enquiries: info@mamasave.ng

The MamaSave platform is developed by Pearl Systems Ltd.