Zone raises $8.5m in Seed Funding to Scale its Decentralized …

LAGOS, Nigeria, March 18, 2024 /PRNewswire/ -- Zone, Africa's fast-growing payment infrastructure company (the "Company"), today announced that it has raised $8.5 million in an …

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Zone Raises $8.5m In Seed Funding To Scale Its Decentralized …

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LAGOS, Nigeria, March 18, 2024 /PRNewswire/ -- Zone, Africa's fast-growing payment infrastructure company (the "Company"), today announced that it has raised $8.5 million in an …

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Nigerian Blockchain Company, Zone Raises $8.5m In …

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Mar 18, 2024 · Africa’s first regulated blockchain network for payments, Zone (formerly Appzone) has announced that it has raised $8.5 million in an oversubscribed seed funding round led by …

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Zone Raises $8.5m In Seed Funding To Scale Its Decentralized …

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Lagos, Nigeria, 18th March 2024 – Zone, Africa’s fast-growing payment infrastructure company (the “Company”), today announced that it has raised $8.5 million in an oversubscribed seed …

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Nigerian Payment Startup, Zone, Secures $8.5 Million In Seed …

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Payment infrastructure company, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital. According to a statement from …

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African Fintech Zone Secures $8.5 Million In Seed Funding To ...

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Mar 19, 2024 · Zone, a leading African payment infrastructure company, has secured $8.5 million in a seed funding round exceeding expectations. The round was led by Flourish Ventures and …

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Zone Secures $8.5m Seed Funding To Revolutionise Payment …

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Mar 18, 2024 · Zone, an emerging powerhouse in Africa’s financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m …

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Nigeria's Zone Raises $8.5m To Scale Decentralized Payment Solution

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Mar 19, 2024 · Nigerian fintech startup Zone has secured $8.5 million in an oversubscribed seed funding round aimed at bolstering its blockchain-based decentralized payment infrastructure …

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Zone Raises $8.5M In Seed Funding - FinSMEs

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Mar 18, 2024 · Zone, a Lagos, Nigeria-based payment infrastructure company, raised $8.5M in Seed funding.. The round was led by Flourish Ventures and TLcom Capital. Other investors …

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Nigerian Fintech Firm Gets $8.5m Seed Funding For Expansion

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Mar 20, 2024 · Zone, a payment infrastructure company, has raised $8.5 million in an oversubscribed seed funding round led by Flourish Ventures and TLcom Capital, both venture …

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Zone Raises $8.5m Seed Funding To Scale Decentralised Payment ...

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Zone, Africa's rapidly expanding payment infrastructure firm, recently announced that it secured $8.5 million in a seed funding round that exceeded expectations. This development signifies a …

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The 20-Year History Behind Zone’s Recent $8.5 Million Seed …

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Mar 18, 2024 · The news that Nigeria-based payment infrastructure company Zone just closed an oversubscribed $8.5 million seed round stands out as a bright spot in an otherwise grim time …

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Fintech Startup, Zone Raises $8.5m Seed To Expand Coverage

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Mar 18, 2024 · A Nigerian fintech startup that uses blockchain networks to enable payments in digital currencies, Zone, has raised $8.5m in a seed round. The new funding will enable Zone …

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FAQs about Zone raises $8.5m in Seed Funding to Scale its Decentralized … Coupon?

How much did zone raise in a seed funding round?

LAGOS, Nigeria, March 18, 2024 /PRNewswire/ -- Zone, Africa's fast-growing payment infrastructure company (the "Company"), today announced that it has raised $8.5 million in an oversubscribed seed funding round led by reputable VC firms Flourish Ventures and TLcom Capital. ...

Which Nigerian FinTech has raised $8.5 million in a seed round?

Nigerian fintech, Zone, has raised $8.5 million in a seed round led by TLcom Capital. The startup, which started by building banking infrastructure, now has a blockchain network that powers fiat transactions, CBDCs, and eventually crypto. ...

Who is financing Nigerian fintech zone?

Nigerian fintech Zone has completed an $8.5 million seed round led by TLcom Capital and Flourish Ventures. Additional capital was raised from Digital Currency Group, Verod-Kepple Africa Ventures, Alter Global, and Endeavor Catalyst. ...

Is zone bringing more blockchain innovations to Africa?

Interestingly, the company plans on bringing more blockchain innovations, such as decentralised finance, within the purview of regulators, a move that could see it go on an Africa-wide expansion in a few years. Nigerian fintech, Zone, has raised $8.5 million in a seed round led by TLcom Capital. ...

Is zone Africa's first regulated blockchain network?

Zone has a unique position as Africa's first regulated blockchain network for payments and has already signed up over 15 of Africa's largest banks and fintech companies. The new funding will enable Zone to further expand the coverage of its network domestically and connect more banks and financial services companies. ...

What will zone's new funding do?

The new funding will enable Zone to further expand the coverage of its network domestically and connect more banks and financial services companies. A significant portion of the proceeds will also be allocated to conducting a comprehensive pilot programme to test the Company's cross-border capabilities, scheduled for 2025. ...