Appzone Raises USD 10 Mn For Expansion and Proprietary Technology

Nigeria-based fintech, Appzone, has announced that it has closed USD 10 Mn in Series A investment. CardinalStone Capital Advisers led the round with V8 Capital Partners, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures.

Appzone is a fintech company that creates software products for Africa’s banking and payments industries. The fresh capital will boost the company’s technologies and support external expansion.