How Much Did Zoona Raise?
Funding & Key Investors

Zoona, an interoperable payments business focused on providing financial services to underserved communities in Zambia, has secured $4M in total capital. The company recently announced a $4M strategic investment, underscoring its significant growth trajectory and market position. This latest financing round is indicative of Zoona's ongoing efforts to expand its reach and enhance financial inclusion across the region.

What is Zoona?

Zoona
FinanceCredit Card Processing

Zoona operates as a comprehensive payments platform, leveraging technology to deliver a broad spectrum of secure financial services. Its core offerings include agent services for cash deposits, withdrawals, and international money transfers, alongside business solutions via its Tilt platform, which streamlines secure payment processing for enterprises. With an established network of over 700 outlets nationwide, Zoona is dedicated to empowering young entrepreneurs and fostering greater financial inclusion through strategic partnerships with various financial service providers.

How much funding has Zoona raised?

Zoona has raised a total of $4M across 1 funding round:

2012

Series A

$4M

Series A (2012): $4M with participation from Omidyar Network

Key Investors in Zoona

Omidyar Network

Omidyar Network is a global organization focused on shaping the digital revolution to promote shared power, prosperity, and possibility. They invest in and support initiatives that foster a more equitable and inclusive digital future, often engaging with technology and social impact ventures.

What's next for Zoona?

The recent major strategic investment signals a pivotal phase for Zoona, likely enabling the company to scale its operations, enhance its technological infrastructure, and potentially expand into new markets or deepen its penetration in existing ones. This capital infusion is expected to accelerate Zoona's mission of democratizing financial services and supporting economic development in underserved areas. The company's focus on interoperability and its robust agent network position it for continued expansion and impact.

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Frequently Asked Questions Regarding Zoona Financial Insights

What are the most recent funding rounds that Zoona has completed, and what were the funding rounds?
Zoona has recently completed 1 funding rounds: Series A on Jan 1, 2012.
What is the total amount of funding Zoona has raised to date?
Zoona has raised a total of $4M in funding to date.
How many funding rounds has Zoona completed?
Zoona has completed 1 funding rounds.
How much funding did Zoona raise in its most recent funding round?
Zoona raised $4M in its most recent funding round.
Who are the lead investors in Zoona's latest funding round?
The lead investor in Zoona's latest funding round was Omidyar Network. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Zoona's history?
The largest funding round in Zoona's history was $4M.
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