Zenus is a new American digital bank changing paradigms in banking with their disruptive business model; with the latest in digital banking technology and an international banking license Zenus offers remote account opening for deposits, payments and custody for individuals and companies worldwide for a truly borderless banking experience. We have identified a huge need around the world for a service such as ours with nobody else able to fill this need.

We are solving a key financial inclusion challenge by removing geopolitical barriers to help people get ahead. We are working hard to give people in emerging economies an alternative to using local traditional banks by offering a new, transparent, digital banking experience on par with leading banks of the world. Zenus is a mobile first digital bank incorporating a completely remote account opening process into IOS, Android & Web applications to simplify the process for users. Most clients will be able to start the bank account application and receive a digital Visa/MC debit card within 15 minutes. Approved clients will be able to fund their account instantly using eligible Visa cards plus receive wire transfer instructions to their new US Bank account. The uniqueness of Zenus Bank is its ability standardize its products, services and user experience to any member regardless of their residence or nationality. We want to help millions of people become more financially secure, resilient, confident and independent.

The term Digital Bank means an independent bank without any retail branches, accessible purely remotely using website portals and mobile application. An app with a set of banking functions that are designed to allow an individual to interact entirely through their devices such as smartphones, tablets or computers.

Digital “Challenger” banks first made in-roads with consumers who lost faith with traditional brick and mortar banks following the global financial crisis of 2008. These startups “challenged” the traditional incumbent business model by offering an affordable transparent fee structure, providing faster services, and delivering a better user experience through always-available digital interfaces. What sets Zenus apart is its International Banking license which allows it to accept and service customers from any non-sanctioned country around the world – something most digital and traditional banks are not allowed to do under their local regulations. Every country in the world has its rules, regulations and limitations. What we are proposing is for people to consider using a US Bank a complement to what is available to them in their own country. Money held with Zenus bank will be governed by the rules and regulations that applies to US institutions.

Zenus expects that it will initially be offering bank accounts and a multi-currency debit card before expanding to other services such as merchant processing, investment accounts and correspondent banking.

Zenus has strategically adopted the full-reserve banking model where funds deposited by customers would not be loaned out by the bank - keeping the full amounts in cash and cash equivalent instruments, ready for immediate withdrawal or payment on demand. Zenus Bank’s business model is based on a subscription fee model where clients pay a recurring membership fee to maintain their account and have access to the full range of services.