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ZoneATM

ZoneATM is Zone’s blockchain-powered switching product for ATM cash withdrawals between financial institutions.
Category: Payments Infrastructure

Zone Payment Network

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.
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Funding Rounds

Funding Round: Seed
Funding Date: 1 Mar, 2024
Raised Amount: $8.5M

Investors