AppZone Overview

  • Founded
  • 2008

Founded
  • Status
  • Private

  • Employees
  • 221

Employees
  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $10M

  • Investors
  • 9

AppZone General Information

Description

Developer of a financial software designed to help digitize all economic activities in Africa to create a fully automated and connected economy. The company's cloud-based software products enable end-users to remotely access financial services and conduct financial transactions using a wide range of connected electronic devices, enabling banks and financial institutions to address the needs of its key customer groups by providing financial inclusion, automated banking, and facilitating the payments process.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • 12b, Admiralty Way
  • Lekki Phase 1
  • Lagos
  • Nigeria
+234 0802 000 0000

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AppZone Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series A) 24-Dec-2020 $10M 000.00 000.00 Completed Generating Revenue
5. Accelerator/Incubator 27-Aug-2018 00.00 Completed Generating Revenue
4. Secondary Transaction - Private 01-Jan-2018 00.00 00.00 Completed Generating Revenue
3. Later Stage VC 01-Jan-2018 00.00 00.00 000.00 Completed Generating Revenue
2. Later Stage VC 22-Feb-2016 $3.72K $2M Completed Generating Revenue
1. Corporate 11-Jun-2014 $2M $2M 00.000 Completed Generating Revenue
To view AppZone’s complete valuation and funding history, request access »

AppZone Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a financial software designed to help digitize all economic activities in Africa to create a fully automate
Financial Software
Lagos, Nigeria
221 As of 2022
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00.00 0000-00-00
00000000000 000.00

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000000000 00000000
Porto, Portugal
000 As of 0000
0000000000 0
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AppZone Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
0000000 Venture Capital-Backed Porto, Portugal 000 0000000000 0
You’re viewing 1 of 1 competitors. Get the full list »

AppZone Executive Team (8)

Name Title Board Seat Contact Info
Olajide Wey Co-Chief Financial Officer
Timothy Souter Co-Chief Financial Officer
Obi Emetarom Co-Founder, Managing Director & Board Member
Omonuwa Olulano Group Chief Human Resources Officer
Wale Onawunmi Co-Founder, Chief Technology Officer, Executive Director, Technology and Core Services & Board Member
You’re viewing 5 of 8 executive team members. Get the full list »

AppZone Board Members (10)

Name Representing Role Since
Emeka Emetarom AppZone Co-Founder, Executive Director, Business Operations and Expansion & Board Member 000 0000
Ike Echeruo Self Board Member 000 0000
Obi Emetarom AppZone Co-Founder, Managing Director & Board Member 000 0000
Tobi Oke Self Board Member 000 0000
Wale Onawunmi AppZone Co-Founder, Chief Technology Officer, Executive Director, Technology and Core Services & Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

AppZone Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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AppZone Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
CardinalStone Capital Advisers PE/Buyout Minority 000 0000 000000 0
Constant Capital Partners PE/Buyout Minority 000 0000 000000 0
Unicorn Growth Capital Venture Capital Minority 000 0000 000000 0
Google for Startups Accelerator Accelerator/Incubator 000 0000 000000 0
Itanna Accelerator Accelerator/Incubator Minority 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »