Partnerships
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Visa and ZEN.COM Partner on Real-Time Cross-Border Payments with Visa Direct
Visa, a global leader in digital payments, and ZEN.COM announced an agreement to expand access to innovative payment solutions and enhance cross-border payment capabilities through Visa Direct. ZEN.COM has been working with Currencycloud, now part of Visa Direct, since 2020 and has been using Visa Direct card payouts since last year. The agreement covers person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) transfers, enabling ZEN.COM to grow its offerings for both businesses and consumers with advanced cross-border payment solutions. “We are excited to deepen our collaboration with ZEN.COM and support their ambitious growth objectives” said Patrik Havander, Head of Visa Direct ...read more -
ZEN.COM Strengthens Position in Southeast Asia Through Key Hires, Strategic Partnerships, and Ambitious Expansion Plans
ZEN.COM is reinforcing its presence in Southeast Asia with the opening of a new office in Singapore, the recruitment of experienced industry leaders, and membership in prestigious fintech associations and partnerships. This is a significant step in executing the company’s global strategy to redefine digital payments and facilitate international trade through innovative, cost-effective business solutions. Strategic Partnerships and New Memberships As part of its continued expansion in Southeast Asia, ZEN.COM has joined the Emerging Payments Association Asia (EPA Asia) and the Singapore FinTech Association (SFA). These memberships strengthen the company’s position in the local fintech ecosystem, opening doors for collaboration ...read more -
ZEN.COM Partners with M-DAQ Global to Transform Cross-Border Payments Between Europe and Asia
ZEN.COM has announced a strategic partnership with M-DAQ Global, a Singapore-based financial technology company. The collaboration is designed to enhance cross-border transactions between Europe and Asia, providing customers with faster, more cost-effective payment options in key Asian markets. Through this partnership, ZEN.COM customers will be able to open Virtual Accounts in Vietnam, Indonesia and Hong Kong, allowing them to send and receive payments as if they held a local bank account in these countries. Benefits for ZEN.COM customers include: Same-day local collections and payments Reduced foreign exchange costs for international transactions Simplified financial operations for businesses expanding into Asian markets ...read more -
ZEN.COM Partners with StraitsX to Advance Wallet Solutions and Cross-Border Payments
ZEN.COM has entered into a strategic partnership with StraitsX, the leading infrastructure provider for digital assets in Southeast Asia. The collaboration aims to enhance wallet solutions and streamline cross-border payments, particularly for the e-commerce sector. StraitsX, a Major Payment Institution licensed by the Monetary Authority of Singapore, issues StraitsX stablecoins and enables users to mint and redeem them, manage payments, and link accounts to digital asset platforms. As part of the Fazz ecosystem, StraitsX supports business banking across Southeast Asia with reliable and scalable financial infrastructure. By integrating StraitsX’s technology, ZEN.COM users will benefit from more efficient, secure, and globally ...read more -
ZEN.COM and PrivatBank Launch Free Money Transfers to Ukraine
ZEN.COM has announced a new campaign in partnership with PrivatBank that enables free money transfers to Ukraine. Running from 23 October to 23 November 2024, the campaign offers zero-fee transfers through the PrivatMoney method available in the ZEN.COM app. In light of the ongoing economic challenges in Ukraine and the financial difficulties faced by Ukrainians abroad, this initiative aims to support people who regularly send money to their families. ZEN.COM is committed to simplifying cross-border payments, making the process fast, secure, and flexible to meet the growing needs of users from Ukraine. Promotion details: Zero-fee transfers: From 23 October to ...read more -
ZEN.COM is empowering Lithuanian e-commerce with innovative payment solutions
The rapidly growing fintech company based in Lithuania is revolutionising the e-commerce landscape by offering merchants a comprehensive platform to sell globally with local and international payment methods. In a remarkable display of growth, ZEN.COM has solidified its position as one of Lithuania’s fastest-growing fintech companies. The fiscal year 2023 saw the company achieve extraordinary performance, exemplified by its impressive sales revenue of €46.4 million. This represents a staggering 127% year-over-year increase, showcasing the company’s ability to capitalise on market opportunities and deliver value to its customers. Profitability reached new heights as the company reported a profit of €12 million ...read more -
ZEN.COM Secures UK EMI License in Partnership with ClearBank
ZEN.COM has successfully obtained its UK Electronic Money Institution (EMI) license. This significant milestone strengthens the company’s position in the British market and paves the way for further international expansion. The achievement was made possible through a strategic collaboration with ClearBank, which provided the infrastructure and regulatory expertise required to meet the Financial Conduct Authority’s (FCA) stringent requirements. “ClearBank’s proven infrastructure and deep regulatory knowledge have enabled us to progress quickly towards smooth integration and readiness”, said Michał Bogusławski, CEO Europe at ZEN.COM. “We are thrilled to have assisted ZEN.COM in achieving their UK EMI license at pace”, said John Salter, Chief ...read more -
ZEN.COM Partners with PayPal to Enable Direct Account Top-Ups
ZEN.COM has announced a strategic collaboration with PayPal, giving users the ability to transfer funds directly from PayPal to their ZEN accounts. The integration allows customers to top up their multi-currency ZEN accounts via a dedicated method available in the ZEN.COM app. The new feature provides instant access to transferred funds while helping users save on fees and currency exchange costs. By topping up their multi-currency ZEN account using PayPal, users gain immediate access to their funds at competitive exchange rates. They can then use their balance with the ZEN Mastercard while enjoying additional benefits, such as instant cashback, extended ...read more -
ZEN.COM to Offer Polish IBANs in Partnership with Aion Bank and Vodeno
ZEN.COM has announced a strategic partnership with Aion Bank and Vodeno, enabling customers to access local PL IBAN accounts, domestic transfers and refunds via the Elixir system, international payments, business services, and secure currency exchange. This collaboration is designed to simplify financial transactions for ZEN.COM customers both in Poland and abroad. Local PL IBAN numbers will make it easier for Polish users – including entrepreneurs and those conducting international operations – to send and receive payments quickly and efficiently. Following the successful technical integration between ZEN.COM, Aion Bank, and Vodeno, the new offering will soon be available. Customers will benefit ...read more