Blockchain payment company ZONE has completed a seed round of financing worth $8.5 million, led by FLOURISH VENTURES and TLCOM CAPITAL, with participation from DIGITAL MONEY GROUP (DCG), VKAV (VEROD-KEPPLE AFRICA VENTURES), and ALTER GLOBAL. This funding will help ZONE expand its network coverage in Africa, connect more banks and financial service companies, and continue to build a blockchain-based decentralized payment infrastructure for financial service providers in Africa and other regions. ZONE is the first decentralized payment network in Africa, and its LAYER-1 blockchain network digitizes fiat payments and facilitates the transition to digital currencies, while connecting financial institutions to a broader payment ecosystem.

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<p>Shenzhen-based TechFlow has announced that blockchain payment company Zone has completed an $8.5 million seed round of financing, led by Flourish Ventures and TLcom Capital, with participation from Digital Money Group (DCG), VKAV (Verod-Kepple Africa Ventures), and Alter Global.</p>
<p>The new funding will enable Zone to further expand its network coverage in Africa, connecting more banks and financial service companies. The company plans to continue building a blockchain-based decentralized payment infrastructure for financial service providers in Africa and other regions.</p>
<p>Zone is Africa's first decentralized payment network, and its Layer-1 blockchain network digitizes fiat payments and facilitates the transition to digital currencies, while connecting financial institutions to a wider payment ecosystem.</p>
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Blockchain payment company ZONE completes $8.5 million seed round financing, expanding network coverage in Africa.