| Founded | 2009 |
|---|---|
| Closed | 2019 |
| Country | Nigeria |
| Sector | Fintech |
| Collapse type | Slow Death |
Zoona
"Zambian mobile money pioneer raised $37M to bank the unbanked and was crushed when the mobile operators launched their own money products."
Years-long decline before final shutdown
Key Events Timeline
Zoona built a mobile money agent network in Zambia and Malawi, enabling cash-in, cash-out, and transfers through trained local entrepreneurs.
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