Zenus Bank
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $10.5m | Series A | |
N/A | Growth Equity VC | ||
Total Funding | AUD16.2m |
Related Content
Recent News about Zenus Bank
EditZenus.com is a digital banking startup that offers personal banking services to individuals and businesses globally, without the need for U.S. residency or citizenship. The company operates in the fintech market, providing a platform for users to manage their finances on the go through the Zenus App. This app allows customers to send, receive, and manage funds, make payments via ACH, SWIFT, and Zenus Transfers, and view and manage card details and PIN security.
Zenus.com's business model is centered around providing a seamless banking experience that reduces costs and protects profits with the stability of the U.S. dollar. The company targets multi-owner or international businesses that require a global bank to facilitate their international activities.
The startup makes money through transaction fees from the various payment methods it offers, including domestic and international payments. The application process is straightforward, requiring users to have their documents ready, install the Zenus Bank app, and complete an application form.
Zenus.com prides itself on its security and regulatory compliance. It is a full reserve bank, meaning 100% of customer funds are kept in the bank at all times. The company's operations are fully regulated, and personal and financial information is secured by ISO standards.
Keywords: Digital Banking, Personal Finance, International Businesses, Mobile App, ACH Payments, SWIFT Transfers, Zenus Transfers, Full Reserve Bank, Regulatory Compliance, ISO Standards.