About Zenus Bank
Zenus Bank is a company based in San Juan (United States) founded in 2018 by Mushegh Tovmasyan.. Zenus Bank has raised $3.22 million across 1 funding round from investors including Three Thousand Capital. Zenus Bank has completed 1 acquisition, including FUEX PAYMENTS. Zenus Bank offers products and services including Zenus Infinite Account, Zenus Visa Infinite Card, Payment Rails, and Developer Hub. Zenus Bank operates in a competitive market with competitors including Island Bank International and Euro Exchange International Bank, among others.
- Headquarter San Juan, United States
- Founders Mushegh Tovmasyan
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Zenus Bank International Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.22 M (USD)
in 1 rounds
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Latest Funding Round
$3.22 M (USD), Series A
Dec 15, 2020
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Zenus Bank
Zenus Bank offers a comprehensive portfolio of products and services, including Zenus Infinite Account, Zenus Visa Infinite Card, Payment Rails, and Developer Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for managing money with 24/7 access and global transactions.
Card for secure purchases and travel benefits worldwide.
Services for SWIFT, ACH, and multi-currency transfers.
Platform for integrating banking functionalities into systems.
Unlock access to complete
Funding Insights of Zenus Bank
Zenus Bank has successfully raised a total of $3.22M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.22 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.2M
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First Round
First Round
(15 Dec 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series A - Zenus Bank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zenus Bank
Zenus Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Three Thousand Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are focused on early to Series D stage companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zenus Bank
Zenus Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FUEX PAYMENTS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Real-time payments are enabled through card networks via APIs.
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2022 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Zenus Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zenus Bank Comparisons
Competitors of Zenus Bank
Zenus Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Island Bank International and Euro Exchange International Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Serves as a digital bank for individuals and businesses.
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| domain | founded_year | HQ Location |
Delivers personalized and corporate banking solutions to meet diverse financial needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zenus Bank
Frequently Asked Questions about Zenus Bank
When was Zenus Bank founded?
Zenus Bank was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Zenus Bank located?
Zenus Bank is headquartered in San Juan, United States. It is registered at San Juan, Puerto Rico, United States.
Who is the current CEO of Zenus Bank?
Jose A Diaz is the current CEO of Zenus Bank.
Is Zenus Bank a funded company?
Zenus Bank is a funded company, having raised a total of $3.22M across 1 funding round to date. The company's 1st funding round was a Series A of $3.22M, raised on Dec 15, 2020.
What does Zenus Bank do?
Zenus Bank is a digital bank for individuals businesses. Users can open a multi-currency US bank account for services such as money transfer, debit cards, bill payments, and more. Provides customer fund accounts for regulated financial institutions (brokers, fintech, PSPs) and correspondent services for qualified banks. Offers payment channels and merchant services to facilitate e-commerce transactions.
Who are the top competitors of Zenus Bank?
Zenus Bank's top competitors include Island Bank International and Euro Exchange International Bank.
What products or services does Zenus Bank offer?
Zenus Bank offers Zenus Infinite Account, Zenus Visa Infinite Card, Payment Rails, and Developer Hub.
How many acquisitions has Zenus Bank made?
Zenus Bank has made 1 acquisition, including FUEX PAYMENTS.
Who are Zenus Bank's investors?
Zenus Bank has 1 investor. Key investors include Three Thousand Capital.