Zone

Businessfiled

Zone operates in Crypto / Web3, based in Nigeria, Africa. Nigerian startup Zone, a fast-growing payment infrastructure company, has raised US$8.5 million in an oversubscribed seed funding round to help it scale its blockchain-based decentralised payment infrastructure for financial services providers across the continent and beyond.

Sub-sector tags: crypto/web3.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Zone has raised $8.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $8.5M on 2024-03-19.

Most recent recorded round closed around 2024-03-19.

Valuation (modeled)modeled

Provath models Zone at approximately $48M (range $6.3M–$137M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.42× the median modeled value of Seed Crypto / Web3 companies in 2022–2024 (8 peers) — value vs value, same stage and era. Within the normal band (142% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 2.3 yr ago; this sector typically re-raises about every 7 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 80% of Crypto / Web3 peers (196 compared).

Modeled value ranks above 67% of those peers.

Closest niche peers: Kyber Crypto Holdings, LLC, Crypto Game Group, Inc., NFT Brands Inc., Netcore Crypto Inc., Nume Crypto Inc..

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.