See other companies on Welcome to the Jungle

Zenus

International digital challenger bank

Zenus logo
21-100 employees
  • Fintech
  • B2C
  • B2B
  • Banking
  • Payments
  • Financial Services
Hato Rey Norte, San Juan, San Juan

Jump to section

Company mission

Zenus's mission is to become the competitive edge for our customers who have cross-border business or consumption needs.

Our take

There is a marked disparity between clients from different geographic locations throughout the world in terms of their their access to financial services, even ones as basic as cross-border payments or fund transfers. With Web 2.0 driving users towards better digital experiences, as well as greater urbanization and globalization, the need for global financial inclusion is more apparent than ever.

This global potential market is what Zenus Bank is aiming to harness. Though Zenus is a US Bank, it has an international banking license that allows us to offer financial services to any individual or corporate entity from any country. Its goal is to create and capitalise on global financial inclusion, by providing a secure, accessible and technologically advanced cross-border e-Banking solution to individual and corporate customers throughout the world.

Market demand for such services looks strong. Even pre-launch, Zenus was able to sign up over 50,000 users to their waiting list, from over 118 countries, and that was without marketing. The likes of Monzo or N26 have shown that banking is a market ripe for disruption, and with a potentially global customer base behind them, Zenus could be set to bring disruption on the biggest stage of all.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Paid leave
  • Career progression
  • 8 weeks fully-paid maternity leave
  • Flexible dress code

Funding (1 round)

Dec 2020

$1.7m

Total funding: $1.7m

Leadership

Mushegh Tovmasyan

(Chairman)

A FinTech entrepreneur and a veteran of the online trading industry, Mushegh has C-Level management experience with regulated financial services companies in the Americas, Europe, MENA and APAC.

People progressing

Manuel Mejias

Joined as Network and Security Project Manager in 2019, promoted after 1 year and 2 months to Information Technology and Security Manager.