When was Zoona founded?

Zoona was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Zoona located?

Zoona is headquartered in Lusaka, Zambia. It is registered at Tukuma nov., Tukums, Progresa iela 3.

Which legal entities is Zoona associated with?

Zoona is associated with ZOONA.

How many employees does Zoona have?

As of Aug 31, 2026, the latest employee count at Zoona is 183.

Is Zoona a funded company?

Zoona is a funded company, having raised a total of $20M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 10, 2012.

When was the latest funding round of Zoona?

Zoona's latest funding was a $***** Series B round on Oct 12, 2018, with participation from 1 investor.

What is the annual revenue of Zoona?

Annual revenue of Zoona is less than €1M as on Dec 31, 2024

Where does Zoona rank among its competitors?

Zoona ranks 2nd amongst 6 active competitors, only 1 of which is funded., of which only Zoona is funded and secured an undisclosed amount in Oct, 2018.

Who are the top competitors of Zoona?

Zoona's top competitors include DiGiSPICE, CIT VERiCASH and Digital PayGo. Among them, Zoona secured the most recent funding round in October, 2018.

Zoona - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Zoona provides a mobile platform to consumers to transfer money, pay at the merchant sites, withdraw cash, primarily focused at unbanked customers. The money in the mobile can be loaded by visiting a Zoona agent. It provides a mobile money platform, working capital financing, business management tools and entrepreneurial support focused on helping businesses grow and increasing financial inclusion in Africa. It has established a network of over 1,000 Zoona entrepreneurs who earn on average $500 per month in commissions per outlet, while the platform has processed over $500 million in value.

Website: www.ilovezoona.com/
Social
Email ID: *****@ilovezoona.com
Registered Address: Tukuma nov., Tukums, Progresa iela 3

Key Metrics

Founded Year

2009

Location

Lusaka, Zambia

Stage

Series B

Total Funding

$20M in 4 rounds

Latest Funding Round

Series B, Oct 12, 2018, $*****

Investors

IFC & 11 more

Ranked

2^nd among 6 active competitors

Annual Revenue

€0 - €1M as on Dec 31, 2024

Employee Count

183 as on Aug 31, 2026

Similar Companies

Paga & 866 more

View Zoona's full profile

Zoona is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZOONA CIN: 40003671547 , Latvia, Active	Mar 23, 2004	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2022)	-

Zoona has raised a total funding of $20M over 4 rounds. Its first funding round was on Feb 10, 2012. Its latest funding round was a Series B round on Oct 12, 2018 for $*****. 1 investor participated in its latest round. Zoona has 12 institutional investors.

Here is the list of recent funding rounds of Zoona:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2018	7485139	Series B	4398421	9623487	5333815	2330679
Feb 20, 2017	3173546	Series B	4372188	2110526	2259326	IFC
Aug 17, 2016	4034713	Series B	2234363	4294751	IFC	Accion & 3 more

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View details of Zoona's funding rounds and investors

Zoona's employee count trend

Zoona has 183 employees as of Aug 26. Here is Zoona's employee count trend over the years:

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Top competitors of Zoona include DiGiSPICE, CIT VERiCASH and Digital PayGo. Here is the list of Top 10 competitors of Zoona, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DiGiSPICE 2000, Noida (India), Public	Provides suite solutions for government agencies	-	MediaTek	42/100
2nd	Zoona 2009, Lusaka (Zambia), Series B	A mobile platform to make money transfer.	$20M	IFC, Flourish & 10 others	41/100
3rd	CIT VERiCASH 2000, Cairo (Egypt), Funding Raised	Mobile payment technology platform enabler.	-	Anthemis Group	34/100
4th	Digital PayGo 2019, Lusaka (Zambia), Funding Raised	Correspondent banking services	-	FinTech4U	26/100
5th	VillageSavers 2019, Lusaka (Zambia), Funding Raised	Correspondent banking solutions for villagers	-	FinTech4U	22/100
6th	Yesway.money 2022, Lusaka (Zambia), Unfunded	Agent-based payment solutions for businesses	-	-	19/100