Introducing AppZone– Leading Financial Technology Software provider
• AppZone’s phenomenal industry impact has been driven by the following facts:
• Significant amounts of people and businesses in Africa are financially under-served
• Financial institutions’ are unable to traditionally service many customer segments in a profitable way.
• African Banks are adopting digital channels to create superior customer experiences and gain competitive advantage.
• Most Financial technology systems are imported hence tend to be too expensive, inflexible and not tailored to the needs
of the local environment.
AppZone is a Fintech software provider and venture builder enabling Banks to digitize and fully automate the delivery of financial services.
Through automation, AppZone products help significantly reduce Bank operational costs while considerably improving service delivery.
AppZone owns all its IP and has existing relationships with every Bank and most Microfinance Banks across the financial services industry in Nigeria.
“We can transform African societies from 3rd world to 1st
world status (in our lifetime) through digital and fully automated wealth creation”
Our Core Belief
End Poverty
Modernize Our Environment
Dignify Our People
…with the ultimate goals to…
To digitize & fully automate all economic activities in Africa.
Our Mission/Vision
Our Business Focus
Our technology platforms enable financial institutions deliver
fit-for-purpose services to the under-banked informal sector in a
profitable way.
Financial Inclusion
We are on track to digitize and fully automate Banking as we
transition African Banks from brick and mortar to fintech and digital.
Digital Banking
AppZone is dis-intermediating and proliferating digital payments thereby
laying the foundations for a truly cashless economy.
Digital Payments
“AppZone is deploying disruptive digital technologies to enable financial inclusion, automate banking and facilitate payments”.
BankOne is an integrated core banking and digital channel management
application for microfinance banks.
CreditClub empowers bank-led agent networks to deliver Banking services to remote customers in the informal sector particularly where
there are no branches.
Products
AppZone offers BankOne as a shared service on secure cloud
infrastructure to manage day- to-day operations and enable digital
service delivery for the Microfinance Industry.
BankOne is the only platform that integrates MFB core banking
functionality with digital channels like Mobile App, USSD, PC Browser,
ATM, and Agent locations on a single platform.
AppZone has established partnerships with most commercial banks in Nigeria thereby leveraging their reach and relationships to on-board MFBs.
CreditClub also provides a complimentary independent
network of roving and stationary agents that use CreditClub
technology to service customers on behalf of banks.
CreditClub also supports instant card issuance and USSD provisioning to enable customer have instant access to newly created accounts.
Basic Banking services available through CreditClub include
instant account opening, cash deposits, cash withdrawals,
transfers and loan origination.
Prime is a cloud-based card management platform that provides integrated hosting, transaction processing and end- to-end process automation
services for payment cards.
Blend is a digital banking development and delivery platform that allows banks rapidly create and launch their own mobile apps and digital
solutions in-house.
Products
Prime allows banks achieve end-to-end personalization and
issuance of chip-and-PIN debit cards within five minutes of
request in any branch.
By replacing expensive outsourced operations with automated
alternatives, Prime enables Banks perform card personalization and
transaction processing activities in-house.
Prime empowers Banks to take control of the entire card services value chain in order to gain significant savings and reduce service delivery TATs.
With Blend, Banks can deploy small teams of mid-to-entry level
developers to take full control of their digital journey.
Blend empowers Banks with the speed, agility and user experience to transform traditional digital offerings and/or deliver a fully digital Bank via
multiple channels including Mobile, Tablet, PC and Kiosk.
Blend provides a rapid innovation environment with DIY
tools, predictive analytics and instant deployment functionality.
Zone mobile is a social m-commerce platform and ecosystem based on instant messaging technology and embedded into Mobile Banking apps.
Zone switch is a peer-to-peer transaction processing platform based on Blockchain technology.
Products
Zone applies chat conversations, content publishing, and push
notifications, to enhance payment and commercial
interactions and create whole new experiences for users
Asides transforming the person-to-person payment experience,
Zone connects merchants to mobile Banking users thereby
enriching Bank mobile apps with social ecommerce capabilities.
.
Zone also establishes life-time communication channels that enable sellers engage buyers in more effective ways that significantly
increase sales and promote loyalty
MOBILE SWITCH
Zone’s Blockchain switch is deployed within datacenters of
banks to enable each bank consummate inter-bank
transactions without requiring any intermediary.
Zone Switch digitizes, automates and fully dis-intermediates all operations involved in the processing of electronic
financial transactions.
Transaction processing operations managed by Zone switch include authorization,
clearing, settlement, reconciliation, back-office
posting and reporting.
Our Guiding Principles
All human beings should be equally respected & empowered to live fulfilling lives.
HUMAN DIGNITY
Technology has the potential to drastically improve our human condition.
Technology Transformation
To achieve widespread adoption, technology must be usable, secure, applicable and
reliable.
USAR Focus
To innovate, we need quick & thorough understanding of relevant tech, business rules &
customer needs.
Accelerated Learning
Disruptive innovation unlocks enormous value that ultimately benefits our society.
Disruptive Innovation
We must act on our ideas really fast or risk losing access to useful resources
and/or the opportunity to have an impact.
RAPID EXECUTION
Core Values
End-to-end Automation
We are replacing expensive and rigid manual processes being outsourced by Banks or managed in-house with
agile and fully automated alternatives.
Digital Delivery Channels
We are enabling the full utilization of digital alternatives for financial service delivery including human-assisted
and self-service options.
Cognitive Services
We apply cutting edge algorithms to extract deep insights from customer data and real-time
interactions for better decision making and to enhance customer experience.
In-house Development Platform
We enable small in-house development teams within Banks to rapidly create and launch digital offerings that include mobile apps and self-service portals.
Our Fintech Value Proposition
Launched First Product: BankOne
BankOne launched targeting
MFBs upon completion of a 2 year development effort.
Jun-08 Apr-11 Mar-16 Jun-17
Jan-11Jun-14 Dec-16
Secured investment of $400k
New Investment from Green House Capital through Founder Holdco
Launched Agent BankingAgent Banking platform was pioneered by Diamond
Bank, a leading Nigerian retail bank.
Completed 2 year project to achieve PCI DSS
compliance & certification.
Launched BlendWent live on the Blend Internet &
Mobile Banking platform at Providus Bank
Jul-17
Launched Prime Instant Issuance
Commenced live operations in GT bank for instant EMV-based card personalization in branches.
Jan-18
Launch of Zone Mobile
Zone's conversational mobile payment service is expected to launch early 2018.
Mar-18
Launch of Zone Block chain Switch
Zone's peer-to-peer switching product (based on Block-chain technology) is expected to
launch early 2018.
Commenced OperationsAppZone initially provided bespoke software services
to commercial Banks in Nigeria
Closed $2M Investment dealNew South African Investors, BCX who subsequently got acquired by Telkom
Our History
Obtained PCI-DSS
Certification
PROCESSING
80billion
In transactions monthly
18Commercial Banks
MANAGING
35billion
in sitting balances
Business Statistics
350Microfinance Banks
ISSUING MORE THAN
1million
cards monthly
DISBURSING MORE THAN
5billion
In loans monthly
130Highly Motivated
Professionals
5,000,000
Hosted Accounts
Our Footprint
Head Office:3B, Iron Bar Street,
Lekki Phase 1.
Divisional Office: 350, Borno Way,
Alagomeji Yaba.
Northern Sales Office: 215, Ademola
Adetokunbo Crescent, Wuse II, Abuja.
Eastern Office: 14, Ziks Avenue
Awka, Anambra
State.
Data Centre Site: MainOne-FABAC
Close, 3b Ligali
Ayorinde Street, Lagos
Nigeria Africa
Awards & Certification
15Public PowerPoint Template
Obi is the CEO of AppZone.
He previously served as an ED at Parkway Projects LTD
where he spearheaded its electronic payments
division and built several innovative solutions,
formulating as well as implementing multiple
winning business strategies on a corporate and
product level.
Founded AppZone in 2008 and is largely responsible
for company’s emergence as Nigeria’s leading
provider of home grown banking and payment
software with clientele that spans over 16 and 300
banks and microfinance/mortgage banks respectively.
Wale serves as the CTO of AppZone.
He has over 10 years of experience in the modeling,
design, and implementation of enterprise software.
He has been involved in intensive research in areas
of electronic commerce and payment, portal
technology, enterprise software, mobile applications,
embedded technologies and rapid application
development frameworks.
He served as Head, Research & Development of Parkway
Projects LTD and was responsible for performing
research, recommending solutions, and leading a team of
application developers.
OBI EMETAROMCEO at AppZone
B.Sc. at Federal Univ. of Technology Owerri
Emeka serves as COO of AppZone.
His entrepreneurial drive led to the development of
Nigeria’s premier mobile airtime distribution service
in 2006 which gave to the RechargePlus® brand, a
web and mobile based service for prepaid airtime
purchase.
Prior to this Emeka established Ceerom Ventures, a
table water production and manufacturing business
enterprise.
He holds an engineering degree from the Federal
University of Technology, Owerri.
EMEKA EMETAROMCOO at AppZone
B.Sc. at Federal Univ. of Technology
Owerri
WALE ONAWUNMICTO at AppZone
B.Sc. At Obafemi Awolowo University
Founder Team
Our Technology
Serverless Computing
Machine Learning
BlockChain
1
2
3
“We have built deep competences around these state-of-the-art technologies that will form the foundations for our digital and fully
automated future.”
Proactive uptime monitoring, routine maintenance and
management of usage scale
Rapid and agile project delivery methodology with rigorous project
planning, tracking and control
Case management automation including case assignment,
tracking, feedback and escalation.
World class cyber-security stack covering physical access, as well as
network, server, database, and application layers.
Operational Excellence
Global best practices inrequirements management, testing,
deployment, and change management
Key Clients
Partners
Correspondent Bank Partners
Infrastructure Providers Payment Processors Card Schemes
Advisors
Provider Category Service Provided
Synergy Law Partners Legal AdvisorsGeneral Legal advisory
Services and acts asSolicitors and advocates
Remi Oyekola & Co. Auditors External Auditing Services
Management Transformation Management Consultants Advisory services on strategy, operation & M&A
First Bank, Skye Bank, Stanbic IBTC
Bankers Banking and Financial Services
Manasard Insurance Insurers Property, Vehicle and Group life insurance
InfoPrive Limited IT security consultantAdvisory on IT Security compliance and
certifications