Wakeel vs ThriftVault

Wakeel is a publicly available app for agents (individuals) and merchants (businesses), offered by The Alternative Bank(Sterling HoldCo). Users can download the app and apply for an account. Access to transactional features is enabled after onboarding and identity verification. Key features include: • Interbank and intrabank transfers • Customer onboarding • Agent-assisted and merchant-based application services. • Value-added services such as utility and airtime payments

ThriftVault makes it easy to organise and manage rotating savings groups, known as ajo, susu, or esusu in Nigerian and West African communities. Create a group, invite members, track contributions, and manage payouts, all in one place. No more WhatsApp reminders or messy spreadsheets. FEATURES - Create and manage rotating savings groups - Invite members via phone number - Track contributions and confirm payments - Manage payout schedules and cycles - Group chat for members - Export records as PDF - Multi-currency support (NGN, GBP, USD, EUR and more) - Reputation scoring to build trust