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 in 2023. This phenomenal achievement reflects an astounding 2,170% increase compared to the previous year, underscoring operational excellence and strategic vision. In addition to that, they saw a 398% increase in new customers.
Under the leadership of CEO Michal Boguslawski, the fintech has fostered a culture of innovation and developed a suite of products tailored for e-commerce businesses looking to expand internationally: a global payment gateway, smart currency conversion, fraud prevention tools, a localised checkout experience, and more.
The company’s forward-thinking approach and commitment to teamwork have been instrumental in driving its exceptional results. Success is built on the strength of its talented workforce. The company’s investment in its team is evident, with average salaries increasing year-over-year. This commitment to employee growth and satisfaction has created a dynamic, strong team poised to drive future innovations.
As ZEN.COM continues to push boundaries in the fintech sector, the company is well-positioned to capitalise on the growing trend of cross-border e-commerce. With its proven track record of success and dedication to empowering merchants, it is set to tap into emerging opportunities and play a pivotal role in shaping the future of global online retail.
