Zone Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Private

  • Employees
  • 169

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 17

Zone General Information

Description

Developer of a regulated blockchain network designed to facilitate decentralized payment infrastructure. The company's platform utilizes proprietary peer-to-peer routing, automated reconciliation, and real-time settlement to provide interbank switching, point-of-sale processing, and digital currency acceptance, enabling banks and fintechs to eliminate central intermediaries and manage financial transactions through a unified digital environment.

Contact Information

Website
www.zonenetwork.com
Formerly Known As
Appzone
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 12B Admiralty Way
  • Lekki Phase 1
  • Lagos, 105102
  • Nigeria
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
SaaS, Cryptocurrency/Blockchain, FinTech
Corporate Office
  • 12B Admiralty Way
  • Lekki Phase 1
  • Lagos, 105102
  • Nigeria

Zone Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Zone Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 01-Aug-2025 Completed Generating Revenue
7. Seed Round 22-Feb-2024 Completed Generating Revenue
6. Seed Round 24-Dec-2020 Completed Generating Revenue
5. Accelerator/Incubator 27-Aug-2018 Completed Generating Revenue
4. Secondary Transaction - Private 01-Jan-2018 Completed Generating Revenue
3. Seed Round 01-Jan-2018 Completed Generating Revenue
2. Seed Round 22-Feb-2016 $3.72K $2M Completed Generating Revenue
1. Corporate 11-Jun-2014 $2M $2M Completed Generating Revenue
To view Zone’s complete valuation and funding history, request access »

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Zone Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a regulated blockchain network designed to facilitate decentralized payment infrastructure. The company's p
Financial Software
Lagos, Nigeria
169 As of 2023

London, United Kingdom

Johannesburg, South Africa
 
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Zone Competitors (3)

One of Zone’s 3 competitors is Paychant, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paychant Venture Capital-Backed London, United Kingdom
Minit Money Venture Capital-Backed Johannesburg, South Africa
ebankIt Venture Capital-Backed Porto, Portugal
You’re viewing 3 of 3 competitors. Get the full list »

Zone Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Zone Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Capria Ventures Venture Capital Minority
EMURGO Kepple Ventures Venture Capital Minority
Alter Global Venture Capital Minority
Constant Ventures Venture Capital Minority
Digital Currency Group Corporate Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

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Zone FAQs

  • When was Zone founded?

    Zone was founded in 2008.

  • Where is Zone headquartered?

    Zone is headquartered in Lagos, Nigeria.

  • What is the size of Zone?

    Zone has 169 total employees.

  • What industry is Zone in?

    Zone’s primary industry is Financial Software.

  • Is Zone a private or public company?

    Zone is a Private company.

  • What is Zone’s current revenue?

    The current revenue for Zone is .

  • How much funding has Zone raised over time?

    Zone has raised $23M.

  • Who are Zone’s investors?

    Capria Ventures, EMURGO Kepple Ventures, Alter Global, Constant Ventures, and Digital Currency Group are 5 of 17 investors who have invested in Zone.

  • Who are Zone’s competitors?

    Paychant, Minit Money, and ebankIt are competitors of Zone.

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