Monday, March 25, 2024

Nigerian Fintech Zone Raises $8.5M Seed to Scale its Decentralized Payment Infrastructure


Operating from Nigeria for more than ten years, Appzone has played a crucial role in enabling banking and payment operations, providing tailor-made software and software-as-a-service products to over 18 commercial banks and over 450 microfinance banks across Africa, including countries like Ghana and Kenya.

In 2022, the founders Emeka Emetarom, Obi Emetarom, and Wale Onawunmi took a bold step towards innovation by venturing into blockchain technology and integrating it with traditional banking and payment systems.

This led to the rebranding of the company to Zone, a licensed payment infrastructure company leveraging blockchain technology

#zone,#fintech,#nigeria,#banking,#appzone

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