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Zone Payment Network

Zone provides a regulated blockchain network for reliable, frictionless, and interoperable payments. They are building a first-of-its-kind network for moving and managing money in a compliant and transparent way, serving Africa’s leading Banks, Fintechs, and Regulators.
Lagos, NG

Description

Zone is a regulated blockchain network for payments, aiming to connect every monetary store of value and establish a decentralized yet regulated global payment infrastructure. It enables Financial Institutions to bypass intermediaries and connect directly for real-time processing and settlement of digital payments while remaining compliant with regulatory guidelines. Their products include ZonePOS, a decentralized payment gateway for POS transactions that enables direct card routing to issuers, eliminates chargebacks, and provides instant settlements. They also offer ZoneATM, a decentralized switching product for ATM cash-withdrawal transactions that enhances reliability and lowers costs. Zone is licensed by the Central Bank of Nigeria and serves Africa's leading banks and fintechs.

Historical Grant Funding

VC Funding

None
2024

$0

$8.5M

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