Zone Secures $8.5 Million in Initial Funding Round as an Independent Blockchain Payment Firm
- Zone, a Nigerian blockchain startup, has secured $8.5 million in its first venture capital funding round.
- Zone intends to broaden its domestic network coverage and forge connections with additional banks and financial services entities.
- Zone aims to enhance its technology, enable instant settlements, and diversify its blockchain network's utility beyond ATMs.
Zone's successful funding round and plans for expansion demonstrate the growing interest and confidence in the company's blockchain technology. With a strong focus on payment infrastructure and partnerships with major banks, Zone has the potential to drive payment innovation in Africa and beyond.
