Fundz
Following Alerzo?

Get the free weekly contract digest

The latest new contracts, like Alerzo’s — who’s behind them and what they mean, delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Alerzo, Mastercard, and e-Trade Alliance partner to empower 10,000 MSMEs with digital and financial tools

Dec 21, 2024•over 1 year ago

Contract Type

partnership

NigeriaCommerce and ShoppingAgriculture and FarmingInternet ServicesSales And Marketing

Description

Alerzo, in partnership with Mastercard and the e-Trade Alliance, has equipped 10,000 micro, small, and medium-sized enterprises (MSMEs) across South-West Nigeria with essential digital tools and financial literacy. The nine-month program focused heavily on financial literacy, training MSME owners to harness digital solutions for growth and improve their operations using Alerzoshop and Veedez, a tool for business management and secure digital payments.

Company Information

Company

Alerzo

Location

Nigeria

About

The company also said it closed a $2.5 million working capital facility to serve its customers. The company claims to have processed over 1 million orders this past year. The company provides warehousing and fulfillment solutions to suppliers and storefront delivery to informal retailers. Adewale Opaleye founded Alerzo in 2018 as a last-mile distribution platform that helps retailers stock inventory directly from manufacturers. Speaking with TechCrunch, Opaleye said he started Alerzo to empower the millions of women who are the backbone of consumer commerce in Nigeria’s $100 billion informal retail sector. Alerzo claims to have built up a network of up to 100,000 small businesses, 90% of which are women-led. Alerzo has an office in Singapore that the CEO says serves as a regional hub to identify best practices among similar high-growth businesses operating across Southeast Asia and India and adapt them to the Nigerian market.

Predictive Intelligence
Strategic

ML-powered predictions for Alerzo's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.