Zone (formerly Appzone), Africa’s first regulated blockchain network for payments, has been featured in the Financial Times Africa’s…
Financial Times and Statista’s Fastest Growing Companies in Africa award is an annual ranking identifying the top performers in Africa’s private sector. It recognises companies with impressive growth and significant contribution to their respective sectors.
Following the rigorous process of reviewing entries from hundreds of companies in Africa, Zone will be one of only 100 companies and the first blockchain company in the entire continent to feature on this list.
By fulfilling our mission, we are laying the foundation for a truly cashless world while expanding access to financial services and fostering a more inclusive and prosperous future for the African continent.”
Olayiwola Osoba, VP of Marketing at Zone, also shared his thoughts on the recognition. To him, the recognition means the company is making do with its vision and commitment to creating a sound payment infrastructure out of Africa. He says:
Following the company’s successful transition from a Banking as a Service provider to a Payment Infrastructure company in November 2022 and its success in obtaining a payment switching license from the Central Bank in Nigeria, Zone has recorded impressive milestones in building out its decentralised payment network and connecting various financial services providers.
With over 20 of the biggest commercial banks, Fintechs and OFIs in Africa already connected to its Layer-1blockchain network, Zone is laying the rails for a world where digital payments are frictionless, borderless and compatible with every form and store of money.
More on Zone’s latest feat
Speaking on the rebrand, Zone Co-founder and CEO Obi Emetarom disclosed that the transition means the company is utilizing the power of blockchain technology to enable “reliable, frictionless and universally interoperable payments”.
“In doing this, we are building one global network to pay anyone through any means, in any currency, which will ultimately maximise financial inclusion and accelerate economic prosperity for Africa and the rest of the world,”
Obi Emetarom
The company’s success in providing solutions to Africans and the rest of the world, in an industry that it only recently entered, is confirmed by the Financial Times’ recognition of it as the first blockchain fintech platform to make the list of Africa’s fastest growing companies.