Zenus Teams with Finxact to Scale Banking Operations

1 minute read

26 Oct 2022


Zenus Bank is proud to announce a landmark agreement with Finxact that will help scale the bank’s retail, corporate and partnership operations to take banking beyond borders. 

Finxact, a provider of the leading next-gen core banking platform, will join Microsoft and implementation partner HSO in enhancing Zenus’s global banking offering. 

“Today’s announcement is a hugely important and exciting step on our journey as a bank toward achieving our ambitions of offering a US banking account for millions of people across hundreds of different countries. When we laid out our technological aspirations and existing infrastructure, Finxact stood out as the obvious choice. We’re building a truly global banking platform, it needs to be secure and stable, scalable, and dexterous enough to align with our business plans,” said Pedro Martinez, Chief Information Officer, Zenus Bank. 

By partnering with Finxact, Zenus benefits from a high-performance, highly scalable, real-time position-keeping model to deliver on its aims of offering a secure, transparent and scalable international bank. The partnership will be vital in providing financial inclusion to millions of people, businesses and organisations by operating in developing countries as well as employees working for globally-oriented firms. 

The deal lays the foundation for world-class digital infrastructure, building on existing partnerships with infrastructure provider Microsoft and will be integrated by HSO, which has helped transform huge businesses to a scale Zenus aspires to. 

“It is deeply gratifying for the dedicated team of Finxact engineers to see our technology expand the horizons of banking and further the individual goals of the consumers, entrepreneurs and businesses around the world that Zenus will be helping with their first-to-market solution,” said Ryan Victor, Chief Revenue Officer, Finxact. 

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