- Headquarters
- Lagos
- Employees
- 201–500
- Founded
- 2008
- Business Model
- B2B
- Website
- appzonegroup.com
- Total Funding
- $10.0M
- Last Round
- $10.0M Series AApr 2021
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
AppZone (now rebranded as Zone) is Africa's leading fintech software engineering firm, founded in Lagos, Nigeria in 2008. The company built Africa's first Banking SaaS platform on the cloud, Africa's first card management system, and Africa's first private blockchain network for payments in fiat and regulated digital currencies. It serves 500+ banks across 7 African countries with a team of 300+ professionals, providing proprietary solutions that digitize banking operations and power decentralized payment infrastructure. Its flagship product, Zone, is a Layer-1 regulated blockchain network that enables direct, peer-to-peer transaction flow between financial institutions with support for fiat and digital currencies.
Summary
AppZone is a Fintech company based in Lagos, Nigeria, founded in 2008. It has raised $10.0M in total across 1 round, most recently a $10.0M Series A round in Apr 2021. Investors include CardinalStone Capital Advisers, Constant Ventures and Lateral Capital Management.
Funding History
Apr 2021
Investors
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