AppZone is a Nigerian software firm and Africa’s leading provider of financial technology solutions
AppZone is a proudly Nigerian software firm and Africa’s leading provider of home-grown Fintech solutions with institutional shareholders that include Inventgarde and South Africa’s foremost ICT Group; Telkom. AppZone was founded as a response to the need to accelerate the growth and adoption of electronic banking and payment services across the continent. We started off developing custom e-Banking and payment software for leading commercial Banks in Nigeria. In less than 6 years, AppZone had accumulated a remarkable asset-base of e-payment software products and intellectual property. In a bid to extend existing payment solutions to smaller financial institutions, AppZone developed BankOne; a cloud-based core Banking platform for Microfinance Banks (MFBs) and other small retail financial institutions. With the success of BankOne, AppZone embarked on multiple projects to extend its cloud platform to cater for other key segments such as retail commerce, B2B/B2C and mobile payments. Our core business is to expand the scope and competitiveness of financial Institutions, by delivering disruptive innovation on agile technology using best practices. We are currently servicing 16 commercial banks, 250 Micro-Finance Banks, issuing more than 30,000 Cards daily, hosting more than 3 million accounts, managing over N20Billion in deposits and processing over 100,000 transactions daily.