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Zoona

Let's Make It Real!

Founded 2009 Zambia Zambia 173 employees Corporate Round Total: $22.93M Financial Services, Fintech +1

General Information

Company Name Zoona
Founded Year 2009
Location Zambia Zambia
Employees 173
Industries Financial Services, Fintech, Mobile
Funding Stage Corporate Round
Social

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About Zoona

Zoona: Revolutionizing Financial Services in Africa

Founded in 2009 in Zambia, Zoona is a leading African Fintech provider committed to providing safe and reliable financial services to underserved communities across the continent. Offering an interoperable distribution network, Zoona fuses the dynamism of young entrepreneurs with cutting-edge technology to facilitate financial inclusion.

The firm's dedication to serving communities is underscored by its mantra: "Let's Make It Real!" Zoona recognizes the pivotal role of families and communities in the lives of Africans, as these networks provide essential support for fulfilling needs such as education expenses, emergencies, and long-term savings.

Zoona is steadfast in its belief that Africa is the new frontier of innovation. By championing entrepreneurship, fostering women's empowerment, and harnessing technology, the company aims to unleash the continent's true potential. The focus on empowering emerging entrepreneurs aligns with the goal of nurturing a new generation of independent and prosperous business owners.

In 2018, RippleWorks participated in a Corporate Round investment in Zoona, underlining the industry's confidence in the company's vision. This investment boosted Zoona's ability to further its impact and solidify its position as a catalyst for positive change in Africa's financial landscape.

Zoona's commitment to growth in Africa mirrors its ambition to drive change that improves the lives of thousands. The company's dedication to leveraging technology for social impact has positioned it as a key player in ushering in transformative progress on the continent.

Business keywords: Interoperability, Mobile technology, Financial services, Empowerment, Africa, Money transfers, Electronic payments, Agent payments, Technology, Community support, Women empowerment, Underserved communities

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round Undisclosed 1
RippleWorks
12 Oct 2018
Venture Round $1.00M 2
International Finance Corporation, The MasterCard Foundation
21 Feb 2017
Series B $15.00M 6
Quona Capital, Omidyar Network +4
17 Aug 2016
Venture Round $2.43M 1
AHL Venture Partners
01 Jan 2014
Series A $4.00M 4
Quona Capital, Omidyar Network +2
02 Mar 2012
Debt Financing $500.00K 1
Mennonite Economic Development Associates
29 Feb 2012

Zoona Alternatives & Competitors

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FAQ About Zoona

Let's Make It Real!
Zoona was founded in 2009.
Zoona is headquartered in Zambia.
Zoona operates in Financial Services, Fintech and Mobile. Its work centres on Interoperability, Mobile technology, Financial services and Empowerment.
Zoona has approximately 173 employees.
Zoona has completed 6 funding rounds, raising a total of $22.93M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Zoona include Annapurna Microfinace, Cherehani Africa, Trafalgar Fintech, Turan, YellowPepper, A Visa Solution. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Zoona and Annapurna Microfinace are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Zoona, https://bouncewatch.com/company/zoona, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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