Today
- Contributions arrive by transfer to a treasurer’s account.
- Receipts are screenshots in a group chat.
- Records live in one person’s spreadsheet.
- Money sits idle between projects.
- A change of committee means a handover problem.
Investment for associations, cooperatives and alumni bodies.
Your committee keeps control. We handle the fund management, the records and the reporting.
THE EVERYDAY WORK OF RUNNING A GROUP
What changes for your association.
With Alumni Assets
- Contributions are recorded against each member automatically.
- Every transaction is visible to the committee and to the contributing member.
- No withdrawal moves without three separate approvals.
- Pooled funds are professionally managed.
- The record survives a change of committee.
GROUPS WITH A SHARED PURPOSE
Who we serve.
- University and secondary school alumni associations.
- Cooperative and multipurpose societies.
- Professional bodies and association chapters.
- Social clubs and age-grade associations.
- Community and faith-based groups.
FOR YOUR EXECUTIVE COMMITTEE
What your committee gets.
One contribution ledger.
A single ledger of every contribution, by member and by period.
Separate approvals.
A create, confirm and approve chain, so no one person can move money alone.
Your membership structure.
Membership tiers your committee defines, with fees your committee sets.
Documents in one place.
A document repository for bylaws, minutes and statements.
Periodic reporting.
Periodic reporting on your group’s pooled fund.
A named contact.
A named contact at Alumni Assets.
FOR EVERY MEMBER
What your members get.
- Contribute from anywhere, in naira, dollars, pounds or Canadian dollars.
- See your own contribution history at any time.
- See what your group’s fund is worth.
- Keep a record that does not depend on anyone’s memory.
NIGERIA AND THE DIASPORA
Contributions from members abroad, in their own currency.
Most active associations now have members in London, Houston, Toronto and Dubai. Sending money home to a group account is slow, expensive and hard to reconcile.
Members contribute in their own currency, the conversion is shown before they confirm, and the committee sees the contribution the same day.
Read about current currencies and our roadmap- NGNNaira
- USDUS dollars
- GBPPounds
- CADCanadian dollars
BEFORE YOUR GROUP GETS STARTED
Questions associations ask.
Who holds our money?
Pooled funds are managed by Alumni Assets Limited, a company registered with the SEC as a fund and portfolio manager. Aeonian Technology provides the platform and does not hold or manage funds.
Does our committee lose control?
No. Your committee decides who joins, what the group is saving for, which fund to use and when to withdraw. Withdrawals require three separate approvals from your own officers.
What does it cost?
Membership tier fees are set and retained by your association. Fund management fees are stated in the offer document for each fund before any contribution is taken.
Why do you ask members for a Tax Identification Number?
Nigerian withholding tax applies to distributions. Without a Tax ID, a distribution has to be held until one is provided.
Can we start before a fund is registered?
Yes. Groups can register, onboard members and begin recording contributions while funds are being finalized.
What happens when our committee changes?
Roles are reassigned on the platform. The records stay with the association, not with an individual.
Talk to our team about your group’s fund.
Tell us what your group is saving for and the timeline you have in mind.