Tech Company Financing Transactions
Zone Payment Network Funding Round
Flourish Ventures, TLcom Capital and Alter Global invested in a $8.5 million Seed funding round for Zone Payment Network. The funding round was recorded on 3/18/2024.
Transaction Overview
Company Name
Announced On
3/18/2024
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Seed
Investors
Flourish Ventures (Lead Investor)
TLcom Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further expand the coverage of its network domestically and connect more banks and financial services companies.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
12B Admiralty Way, Lekki Phase 1
Lagos, Undisclosed
Nigeria
Lagos, Undisclosed
Nigeria
Phone
Website
Email Address
Overview
Zone is a regulated blockchain network that enables payments and issuance of digital currencies. Our Layer-1 Blockchain network is digitizing Fiat payments and enabling the transition to digital currencies while connecting previously excluded financial institutions into an all inclusive payment ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Obi Emetarom
Chief Financial Officer
Tim Souter
Chief Operating Officer
Elendu Uche
Co-Founder
Wale Onawunmi
VP - Bus. Development
Francis Ogbuka
VP - Human Resources
Omonuwa Olulano
VP - Marketing
Olayiwola Osoba
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