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Zone (Formerly Appzone)
| Business Description | Company Details |
|---|---|
| Official Website | https://zonenetwork.com/ |
| Headquaters | Lekki, Lagos State |
| Country | Nigeria |
| Company's Networth | $10 Million |
| Business Type | Private Company |
| Year Founded | 2008-08-25 |
| Company Email | info@zonenetwork.com |
| Company Size | 101 - 500 |
| Co-Founder(s) | Obi Emetarom |
| Recieved Funding? | yes |
| Number of Funding rounds | 4 |
| Funding Type | Venture capital, Series A Funding, Seed funding |
| Venture Capitalist | Lateral Investment Partners, CardinalStone Capital Advisers, Greentree Investment Company |
| Industry | Blockchain, Cryptocurrency, Finance, Financial Services, FinTech |
| Specialty | |
| Linkedin Profile | https://www.linkedin.com/company/zonenetwork/ |
Zone, formerly known as Appzone, is an innovative company at the forefront of digital payments and banking technology in Africa. Founded in 2008 by Obi Emetarom, Wale Onawunmi, Emeka Emetarom, and Uche Elendu, the company is headquartered in Lagos, Nigeria. Zone leverages blockchain technology to create a robust payment infrastructure that simplifies and secures digital transactions.
Over the years, Zone has evolved significantly, focusing on transforming the financial landscape with its cutting-edge solutions. One of their notable recent developments includes the separation of their digital banking technology operations into a new entity called Qore, which caters specifically to digital banking needs.
In the news, Zone has made headlines for its successful funding rounds, attracting significant investment to fuel its growth. The company has raised approximately $10 million across four funding rounds, with backing from notable venture capitalists such as Lateral Investment Partners, CardinalStone Capital Advisers, and Greentree Investment Company.
Zone’s services include digital payment processing, blockchain-enabled transaction systems, and comprehensive currency acceptance solutions. Their innovative approach aims to make financial services more accessible and secure, driving financial inclusion across the continent. The company continues to innovate and expand its reach, making it a key player in Africa’s fintech ecosystem.
Our Mission
Our mission is to connect every monetary store of value using blockchain.
The Vision of Zone (Formerly Appzone)
One global network to pay anyone, through any means, in any currency.
Our Purpose
To maximize financial inclusion and accelerate economic prosperity.
Zone (Formerly Appzone) Logo
Core Values at Zone (Formerly Appzone)
- Entrepreneurial Spirit: We continuously unlock value by solving hard problems and acing execution.
- Proficiency: We are masters of what we do, and we deliver flawlessly every time.
- Innovation: We love to think unconventionally, experiment with fringe ideas, and invent whole new paradigms.
- Courage: We set tough, audacious goals that seem impossible and execute them to completion.
- Humility: We forego self-importance so that learning and teamwork can flourish.
Our Services
Zone offers a comprehensive suite of services centered around blockchain-based payment infrastructure. These include:
- Digital payment processing
- Blockchain-enabled transaction systems
- Currency acceptance solutions
- Digital banking technology
- Financial service platforms for businesses and individuals
Our Business Model at Zone (Formerly Appzone)
Zone operates on a B2B model, providing blockchain-based payment infrastructure and digital banking solutions to financial institutions and businesses.
Their technology enhances transaction efficiency and security, enabling their clients to offer robust financial services.
Zone generates revenue through service fees and partnerships, continuously innovating to meet the evolving needs of the digital financial landscape.
