Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
Appzone has rebranded to Zone and raised $8.5 million in a seed round for its blockchain-enabled payment infrastructure. Zone aims to develop an interoperable payment infrastructure using blockchain technology to connect banks and fintech companies in Africa.
Exclusive: Africa’s Blockchain pioneer Zone will launch remittance product in 2025
Zone will launch a remittance product in 2025 to address distribution, liquidity, and licensing challenges faced by remittance providers and IMTOs. Zone plans to become the foundation for regulated decentralized finance (DeFi) by combining blockchain technology and traditional finance.
