Zone, Africa’s first regulated blockchain payments network, has been named the Financial Times and Statista’s Fastest Growing Companies in Africa category winner. The company is the first blockchain startup in Africa and one of only a handful of Nigerian fintechs to make the list.
The annual ranking shows the best companies in Africa’s private sector. It recognizes companies that have grown rapidly and made important contributions to their fields. After a thorough review of applications from hundreds of companies in Africa, Zone was selected as one of only 100 companies on the list. It was also the first blockchain company in the entire continent.
The annual ranking shows the best companies in Africa’s private sector. It recognizes companies that have grown rapidly and impacted their fields.
After thoroughly reviewing submissions from hundreds of companies in Africa, Zone was selected as one of only 100 companies on the list. It was also the first continent-wide blockchain company to be on the list.
Obi Emetarom, co-founder and CEO of Zone, was delighted with the news and said: “This recognition from the Financial Times and Statista is a great honor for our team.”
He also said that this recognition would push the team to redouble its goal of using the power of blockchain to connect all places where money is kept. “By completing our goal, we are laying the foundation for a cashless world. We also make it easier for more people to use financial services and create a brighter future for everyone on the African continent.”
The company also obtained a payment exchange license from the Central Bank of Nigeria. This allowed it to build its decentralized payment network and join various financial service providers.
Zone is paving the way for a world where digital payments are frictionless, borderless and compatible with any form and repository, having connected more than 20 of the largest commercial banks, fintechs and OFIs in Africa to the Layer-1 blockchain. Network.
Being named one of Africa’s fastest growing companies by the Financial Times and Statista is very exciting for us at Zone, says Olayiwola Osoba, Vice President of Marketing at Zone. This award shows how hard our team has worked to change how payments are made in Africa using an innovative design and a better technology stack.
Zone is Africa’s first decentralized payment network. It allows institutions to connect directly to each other and make payments without an intermediary. Settlement, reconciliation and conflict management are done automatically.
Experts say the fact that Zone won the Financial Times and Statista’s Fastest Growing Companies in Africa award shows that the company is committed to using new technology to change how payments are made in Africa.
As the company continues to build out its decentralized payment network and connect various financial service providers, it is laying the foundation for a truly cashless world and creating a more open and prosperous future for the African continent.
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