Blockchain payments startup Zone raises $8.5m in first funding as a standalone business
- Zone, a Nigerian blockchain startup, has raised $8.5 million in its first VC funding round.
- The funding will be used to expand the coverage of its blockchain network for payments and connect more banks and financial services companies.
- Zone aims to improve its technology and roll out more use cases for its blockchain network.
The funding received by Zone is a positive development for the Nigerian blockchain startup. With the investment, Zone can expand its network and improve its technology, which will contribute to the growth of the blockchain industry in Africa. The participation of high-quality investors and the trust in the Zone brand indicate the potential for success in the market.
