Zone Network
The Regulated Blockchain Network for Payments
Lagos, Nigeria · Founded 2022 · $8.5M raised
- Headquarters
- Lagos
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2B
- Website
- zonenetwork.com
- Total Funding
- $8.5M
- Last Round
- $8.5M SeedMar 2024
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Zone (formerly Appzone) is Africa's first regulated blockchain network for payment infrastructure, enabling banks and fintechs to route and settle digital payments peer-to-peer without relying on central intermediaries. Licensed by the Central Bank of Nigeria, Zone operates products including ZonePOS (decentralized card payment gateway), ZoneATM (decentralized ATM switching), and ZoneFT (interbank funds transfers). The network achieves a 99.99% technical success rate and serves leading Nigerian financial institutions including GTBank, UBA, First Bank, and Zenith Bank.
Summary
Zone Network is a Crypto & Web3 company based in Lagos, Nigeria, founded in 2022. It has raised $8.5M in total across 1 round, most recently a $8.5M Seed round in Mar 2024.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Mar 2024
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