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Appzone raises $10m in Series A funding

Nigeria based developer of software for financial institutions raised $10m in Series A funding led by CardinalStone Capital Advisers.

“We started Appzone with the intention to build out innovative local solutions for banking and payments on the continent,” CEO Obi Emetarom told TechCrunch. “The focus was to leverage our ability as an enabler to create proprietary technology for both segments.”

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emerging markets, nigeria, software, banking, payments