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ALADDIN

Operating

Aladdin Scheme Inc.

Fintech · Founded 2021

Black-founded

Africa's 1st ecosystem bank

Valuation cap ⓘ
$9.0M
As of Apr 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$277,157
Across 3 rounds since 2022

Financials

FY2019–FY2022 · from SEC filings · hover any figure for its source
$0
2019
$0
2020
$143K
−$17K
2021
$281K
$324K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
$0
$143,071
$281,018
Cost of goods sold
$0
$0
$20,963
$29,306
Gross margin
—
—
85%
90%
Net income
$0
$0
-$16,854
$323,626
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$15,508
$84,075
Accounts receivable
$0
$0
$52,141
$23,919
Total assets
$0
$0
$307,776
$564,733
Short-term debt
$0
$0
$0
$16,975
Long-term debt
$0
$0
$0
$0
Total liabilities
$0
$0
$0
$16,975
Other
Headcount
—
25
7
27

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$8.0M
Valuation cap
$9.0M
Valuation cap
Reg CF · SAFE · Jan 2022
Reg CF · SAFE · Dec 2023

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Principal holders% as the filing states it, May 2, 2023

  • Darlington Onyeagoro75.0%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Dec 2023Closedvia WeFunder
Raised $68.9K / $583KInvestors 36Valuation cap $9M
Reg CF · Convertible Note · Nov 2022Closedvia MICROVENTURE MARKETPLACE INC.
Raised $34.5K / $361.2K
Reg CF · SAFE · Jan 2022Closedvia WeFunder
Raised $173.8K / $1MInvestors 224Valuation cap $8M

Team

3 people
Darlington OnyeagoroFounder
Co-founder/CEO
Olayemi Nasiru
CFO
Vivian Onyeagoro
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

224 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CDec 4, 20230001670254-23-001090
    EDGAR
  • Form C-ARMay 2, 20230001905531-23-000003
    EDGAR
  • Form C-UApr 6, 20230001905531-23-000001
    EDGAR
  • Form CNov 1, 20220001905531-22-000002
    EDGAR
  • Form C-UAug 19, 20220001670254-22-000859
    EDGAR
  • Form CJan 24, 20220001670254-22-000071
    EDGAR
Source: ManualCIK 0001905531

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.