Zoona

paymentsmobile/digital walletbill payments

FOUNDING YEAR: 2009
LOCATION: South Africa
Last Update: 01/05/2020

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About

Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.

Focus

PRODUCTS & SERVICES

Provide money transfer and other payment services to low-income consumers

REVENUE MODEL

Company earns revenue by charging a fee per transaction

MAIN CLIENTS

Quona Capital

Lundin Foundation

MicroVest

Bluhaven Initiative

Kiva

IFC

Accion

4Di

Sarona

EXISTING PARTNERSHIPS

Airtel Money

Kiva

Traction

VALUATION / MARKET CAP:

$26.67 M in 2009

NUMBER OF TRANSACTIONS:

2.4 M

TRANSACTIONS VALUE:

$300 M

People

FOUNDERS

Brett Magrath

Brad Magrath

NUMBER OF EMPLOYEES

51-200

INVESTORS:

4Di Capital

Accion

AHL Venture Partners

Exponential Ventures

IFC

MasterCardFoundation

OMIDYAR NETWORK

Quona Capital

Sarona Asset Management

Momentum

FUNDED

YES

TOTAL FUNDING

$20 M

DATE OF LAST FUNDING

Feb 2017

FUNDING SERIES

SERIES A  · $4 M  · Mar 2012

SERIES B  · $16 M  · Feb 2017

LISTED

NO

BASICS

FOUNDING YEAR:

2009

LOCATION:

South Africa

Views:

222 VISITORS | 417 VIEWS
LATEST FUNDING ROUND

$20 M

TOTAL EMPLOYEES
51-200

About

Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

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