Welcome to Alájọọzzy

Cooperative Savings, Reimagined for Australia

Alájọọzzy brings the trusted tradition of rotating savings and credit associations (Ajo/Esusu) into a modern, transparent, and secure digital experience — built for the Australian community. Track contributions, automate schedules, and manage payouts with full governance and clarity.

How It Works

Start or Join a Group

Request to start a new savings group, or join one via a member's referral link. Submit your savings preferences — amount, frequency, and cycle count.

Get Approved

Group creators review referrals and approve nominated members. Auto-approved nominations skip the queue when KYC and trust checks pass.

Contribute

Automated bank debits (PayTo/BECS) handle your contributions each cycle. A one-time platform fee is collected on your first payment only.

Receive Payout

On your assigned cycle, you receive the full pooled pot. Group creators choose their payout position and receive a 50% platform-fee discount.

Why Alájọọzzy?

Secure & Compliant

Bank-grade payments via Stripe with PayTo/BECS mandates and 7-year record retention.

Full Transparency

Every contribution and payout is recorded on an append-only ledger visible to all members.

Fair Payouts

Payouts are never reduced by fees. If a peer defaults, the recipient's payout may be transparently reduced — the platform does not insure or indemnify against member defaults.

New to Alájọọzzy?

See how cooperative savings works and who it's built for on our pitch page.

Explore the pitch

How Contributions Work

To keep the group pool fully funded for every member, all participants make their full contribution in every cycle — including the cycle in which they receive their payout. Your contribution and your payout are processed as separate, independent transactions. This keeps the accounting transparent and the fees consistent.

Cycle	Member A	Member B	Member C	Payout To
1	← Pays	Pays	Pays	Member A
2	Pays	← Pays	Pays	Member B
3	Pays	Pays	← Pays	Member C

Every member pays the same amount every cycle. The recipient's contribution flows in and their payout flows out as separate transactions — ensuring the pool and the platform fee are always fully collected.

For Group Creators

Starting a group is a position of trust

As the founding admin, you set the group up, invite and approve members, and steward it through to completion. You are held to a higher standard of trust, and your track record is visible — it affects your ability to start future groups and to choose an earlier payout position.

Your Privileges

Choose your payout position at join time.
Pay half the standard platform fee on your first contribution.
Approve or veto nominated members, including auto-approved ones.
Pause a member's default escalation when warranted.

Your Responsibilities

Make your full contribution in every cycle — including your payout cycle.
Review and approve nominations fairly and promptly.
Uphold group governance and act in the group's best interest.
Stay in the group until all cycles complete.

Payout position safeguard: to protect members from a creator taking the first payout and defaulting on later cycles, new creators are restricted to a payout position in the back half of the cycle (position ≥ ceil(max_members/2) + 1). You unlock any position once your trust score reaches the platform threshold (default 800) or you have finished at least one prior group cleanly — completed, stayed active, no default, and received your payout.

Member Defaults & Payout Recovery

No platform indemnity: Alájọọzzy does not cover, insure, or reimburse losses if a member defaults on their commitments. The platform is not a guarantor of payment — it does not front, advance, or guarantee any contribution or payout, and its liability is limited to the funds actually collected and held.

Recovery responsibility: If a default occurs, the responsibility to manage and recover those payouts rests entirely within and between the members of the group. The platform cannot intervene or recover funds on your behalf. Any shortfall caused by a defaulting member reduces the cycle recipient's payout and is owed by the defaulting member to the recipient directly.

Members may pursue a defaulting member through lawful external channels — civil tribunals (e.g. NCAT, VCAT, QCAT), licensed debt collectors, or court action — using the signed agreement and platform ledger as evidence. A member in hard default with unrecovered debt is also barred from joining or creating new groups until the debt is repaid. See your agreement Section 10 for full details.

Terms of Use

Members commit to regular contributions for the full duration of the group cycle.
Group creators choose their payout position at join time; all other positions are assigned to ensure cooperative equity.
Bank account linking via Stripe is required for all contributions and payouts.
A one-time platform fee (non-refundable) is added to your first contribution only. Every cycle after is a flat contribution, and payouts are never reduced by fees. Your group's full terms are disclosed before you join.
Members may propose peer-to-peer position swaps with other eligible members.
All transactions are recorded on an append-only ledger for full transparency.
Membership and cycle configuration are locked once a group becomes active.
The platform does not cover, insure, or reimburse losses if a member defaults. Payout recovery is strictly the responsibility of the group members, resolved within and between themselves — the platform cannot intervene or recover funds on your behalf.