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Appzone

Lagos, Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ

FinTech
๐Ÿ“ง info@appzonegroup.com ๐Ÿ“ž 234 802 3425 699 Website

Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services.

Total Funding

0.00 USD

Investor Count

0

Employee Range

51-200

Year Founded

2008

About Appzone

Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services. With a team of over 170 professionals and clients in seven countries, Appzone is Africaโ€™s leading FinTech disruptor and provider of home-grown software solutions for the continentโ€™s Financial Services industry. Founded in 2008, we process over $2 billion in transactions annually serving 18 commercial banks and over 450 microfinance institutions across the continent. Our platforms issue 1.5 million cards and disburse over $300 million in loans monthly, while also managing $200 million in deposits, 10 million accounts and 100,000 transactions daily. We are audacious builders with a mission to completely automate financial services in Africa. Our offerings automate Banking operations, interconnect financial institutions, and provide end-users with access to a broad range of banking and payment services. We are working with the most talented individuals on the continent to create the de facto operating system for digital financial services in Africa. AppZone started off primarily developing custom software for leading commercial Banks in Nigeria. More than a decade later, we have accumulated a remarkable asset-base of intellectual property and built out significant Fintech infrastructure. We are licensed by the Central Bank of Nigeria as a Payment Solution Service Provider (PSSP) and have built the first and only EMV compliant card management system in sub-Saharan Africa, while also launching the continentโ€™s first self-service platform for instant debit card issuance. Appzoneโ€™s other feats include building and launching a number of global firsts from Africa such as: Cloud-based core banking and digital channel software Global mandate platform for direct debit Decentralised Interbank transaction processing on blockchain We are regarded as Africaโ€™s number 1 FinTech infrastructure provider and have won several awards including: PCI DSS, CEBIH Award, MWOT Innovators Award, Frost and Sullivan Award and the NAMB Award.

FinTech Payment
SHA Score19
PETER OBAH

Chief Commercial Officer

Lagos, Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ

Emeka Emetarom

Co-founder & Executive Director

Lagos, Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ

Wale Onawunmi

Co-Founder

Lagos, Nigeria ๐Ÿ‡ณ๐Ÿ‡ฌ

Technologies In Use
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Website Info
Paris
France
+85%
Amsterdam
Netherlands
+75%
Venice
Italy
+62%
Barcelona
Spain
+24%
Sydney
Australia
+20%

Total Amount Raised

$ +5.5%

Total Funding Rounds

0

Investor Count

0

Latest Round

N/A
Funding Breakdown For Appzone View all
Round Date Announced Amount Raised
#1 Series A 11th April 2021 10,000,000
#2 Non-equity Assistance 27th August 2018 0
#3 Seed 9th April 2018 0
Crossfin Technology Holdings

Financial Services

Western Cape, South Africa

First Mutual Holding

Delivery Service

Zimbabwe, Zimbabwe

Recent Funding Activity
Most recent funding
@Brown Asher's most recent funding is aSeed ROund

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In the Media
Punch Newspapers
Nigeria among African countries with developed payment infrastructure โ€“ CEO Appzone - Punch Newspapers
... Published - 15th May 2023
TechCabal
Interview With Omonuwa Olulano, Chief Human Resource Officer, Appzone - TechCabal
... Published - 15th May 2023
FAQs

Some of the Frequently Asked questions about Appzone.

Appzone was founded in 2008.
Appzone's headquarters are located in Lagos, Nigeria.
Appzone's latest funding round was a Unknownround .
To date, Appzone has not raised any funding yet.
Appzone's founders include:

PETER OBAH, Emeka Emetarom, Wale Onawunmi.

Some competitor startups to Appzone are:

Crossfin Technology Holdings, First Mutual Holding