Appzone Group

Appzone-Logo
Founded by : Emeka Emetarom, Obi Emetarom, Wale Onawunmi
Launch / Founded : 2008
Industries : Finance, FinTech
Founded in : Nigeria
Operating in : Nigeria
Region : West Africa

Introduction / Background

With a team of over 170 professionals and clients in seven countries, Appzone Group is Africa’s leading FinTech disruptor and provider of home-grown software solutions for the continent’s Financial Services industry. 


Founded in 2008, they process over $2 billion in transactions annually serving 18 commercial banks and over 450 microfinance institutions across the continent. Their 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.

They are audacious builders with a mission to completely automate financial services in Africa. Their offerings automate Banking operations, interconnect financial institutions, and provide end-users with access to a broad range of banking and payment services. They 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, They have accumulated a remarkable asset-base of intellectual property and built out significant Fintech infrastructure. 

 

They 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 continent’s first self-service platform for instant debit card issuance.

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