Diligence memo · auto-generated · as of July 2, 2026
Zoona
Zoona looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Zoona operates in Fintech, based in Africa. SA fintech startup Zoona raises $15m from IFC, 4Di 0 By Tom Jackson on August 18, 2016 News , Southern Africa South African fintech company Zoona has raised US$15 million in a second round of financing led by the International Finance Corporation (IFC), which will help Zoona scale its operations to reach 10 markets and 30 million active consumers across Africa by 2020. The IFC, a branch of the World Bank, is joined by first round investors Accion, Omidyar Network and the Lundin Foundation in this new round for Zoona , which also includes investment from South African VC firm 4Di Capital.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Zoona has raised $15M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $15M on 2016-08-18.
Most recent recorded round closed around 2016-08-18.
Valuation (modeled)modeled
Provath models Zoona at approximately $430M (range $20M–$2.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.50× the median modeled value of Series A Fintech companies in 2016–2018 (13 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 9.9 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 91% of Fintech peers (1063 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Mines, First Boston Bridge Lending Pool II, LLC, Paystack, Inc., Mutual Trading Co., Inc., Flex Co.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.