Nigeria's fintech startup Zone raises $8.5m in seed funding for blockchain payment expansion.

Nigeria's fintech startup, Zone, has raised $8.5m in seed funding led by Flourish Ventures and TLcom Capital. As Africa's first regulated layer-1 blockchain for payments, Zone plans to expand its network domestically and connect more banks and financial service companies. The company's blockchain network delivers reliable, frictionless, and universally interoperable payment experiences at scale to financial service providers and their customers.

March 18, 2024
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